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Microsoft Stock Soars on Earnings Beat, Strong Cloud Growth (MSFT)
Microsoft stock gained as much as 10% today (Friday) as the company's latest earnings report showed that its "mobile-first, cloud-first" strategy is gaining momentum.
Microsoft Corp. (Nasdaq: MSFT) reported its fiscal Q3 earnings yesterday (Thursday) after the market close.
Even with a decline in Windows sales, one of the company's traditional cash cows, Microsoft handily beat Wall Street expectations.
And the areas that outperformed in Q3 clearly are Microsoft's future...
Microsoft stock gained as much as 10% today (Friday) as the company's latest earnings report showed that its "mobile-first, cloud-first" strategy is gaining momentum.
Microsoft Corp. (Nasdaq: MSFT) reported its fiscal Q3 earnings yesterday (Thursday) after the market close.
Even with a decline in Windows sales, one of the company's traditional cash cows, Microsoft handily beat Wall Street expectations.
And the areas that outperformed in Q3 clearly are Microsoft's future...