Co-movers

daily closes · 501dMethod

Moved together

MSFTwithBRZE

×0.76co-movement · BRZE on MSFT · 501d

r 0.35scale to r 0.75

Shared co-movers2with MSFTwith BRZE

CRMSalesforce, Inc.r 0.45r 0.63

WDAYWorkday, Inc.r 0.44r 0.55

MSFT, solidBRZE, hatched× = co-movement · βr = correlationBar = r to r 0.75Order: weaker of A and BSource: daily closes

MSFTMicrosoft Corp

531.25−0.87%

Mkt cap$4.0TRevenue$92.3BQ1 FY27Revenue$332BFY26

BRZEBraze, Inc.

45.82+0.02%

Regular sessionNov 6 '26

Mkt cap$5.2BRevenue$227MQ2 FY27Revenue$738MFY26

vs

Compare

Regular sessionNov 6 '26

MSFTMicrosoft Corp

vs

BRZEBraze, Inc.

531.25−0.87%

Price

45.82+0.02%

$4.0T

Mkt cap

$5.2B

Q1 FY27$92.3B

Revenue

$227MQ2 FY27

FY26$332B

Revenue

$738MFY26

MSFT compared with BRZE: revenue, margins and what each company keeps, and the suppliers and customers both name