Microsoft Is Flexing Its Muscles in Cloud and AI, and Investors Are Thrilled

Microsoft (NASDAQ: MSFT) delighted investors Tuesday afternoon as the tech giant delivered strong results in its fiscal third-quarter earnings report, even in a difficult environment. Microsoft also beat bottom-line estimates as earnings per share rose 10% to $2.45, topping the consensus at $2.23. Operating margin remained strong at 42%, and the stock jumped 9% in after-hours trading on those results and strong guidance. Read More...


Enphase Energy second-quarter revenue forecast disappoints, shares fall

(Reuters) -Enphase Energy Inc reported market-beating profit in the first quarter on strong sales in Europe, but forecast second-quarter revenue below Wall Street expectations, sending its shares down as much as 17% in extended trading on Tuesday. Pavel Molchanov, an analyst at Raymond James, sees net metering reform in California creating headwinds in the second quarter for Enphase, but said that “the company is doing extremely well in Europe”, with the two factors “essentially cancelling each other out.”

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