After gaining 4.5% during regular trading hours, shares of Microsoft (NASDAQ: MSFT) rose after hours on Wednesday when it reported its fiscal third-quarter earnings. While Microsoft will no doubt be somewhat affected by an economic downturn, it also benefits from more cloud usage, sales of laptops, and video gaming activity. In fact, Microsoft's overall revenue accelerated, if you can believe it. Read More...
Microsoft Earnings Defy the Pandemic
After gaining 4.5% during regular trading hours, shares of Microsoft (NASDAQ: MSFT) rose after hours on Wednesday when it reported its fiscal third-quarter earnings. While Microsoft will no doubt be somewhat affected by an economic downturn, it also benefits from more cloud usage, sales of laptops, and video gaming activity. In fact, Microsoft’s overall revenue accelerated, if you can believe it.
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