Microsoft raised recommended retailer pricing for its Xbox consoles and controllers around the world this week. Its Xbox Series S, for example, now starts at $379.99 in the U.S. — up $80 from the $299.99 price tag that debuted in 2020. And its more powerful Xbox Series X will be $599.99 going forward, a $100 jump from its previous $499.99 listing.

The Xbox Wireless Controller, which remains a staple for both console and PC gaming, now costs $65. The Xbox Elite Series 2 controller now starts at $150, up from $145. The official Xbox Wireless Headset will set you back $120, $10 more than before. Microsoft’s gaming hardware will see price hikes outside the U.S. as well.

The Xbox Series X is now $100 more, while Microsoft says some of its new first-party titles will cost $80. But some retailers haven't increased prices yet, so buy now while you can.

Microsoft's blowout results in the latest quarter calmed investor worries in an uncertain economy and lifted its shares 7% after hours.

Microsoft Corp. shares jumped after the company reported stronger-than-expected quarterly sales and profit growth, suggesting customer demand for cloud services has held steady despite a wave of tariffs and economic turbulence.

Microsoft reported earnings for its fiscal third quarter after Wednesday's closing bell. MarketWatch will be breaking down the results and expectations.

Wall Street's main indexes advanced on Thursday, led by gains on the tech-heavy Nasdaq, as strong quarterly results from heavyweights Microsoft and Meta pointed to a resilient outlook for the technology sector.

U.S. stocks open higher, boosted by strong earnings from Meta and Microsoft. Apple and Amazon are due to report after the close.