Co-movers

daily closes · 500dMethod

Moved together

MSFTwithVTEX

×0.54co-movement · VTEX on MSFT · 500d

r 0.31scale to r 0.75

No shared co-movers.

MSFT, solidVTEX, hatched× = co-movement · βr = correlationBar = r to r 0.75Source: daily closes

MSFTMicrosoft Corp

556.09+6.74%· post 554.05

Mkt cap$4.1TRevenue$92.3BQ1 FY27Revenue$332BFY26

4.16+4.81%· post 4.16

ClosedNov 4 '26

Mkt cap$686.8MRevenue—Revenue—

vs

Compare

ClosedNov 4 '26

MSFTMicrosoft Corp

vs

556.09+6.74%post 554.05

Price

4.16+4.81%post 4.16

$4.1T

Mkt cap

$686.8M

Q1 FY27$92.3B

Revenue

—

FY26$332B

Revenue

—

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