Microsoft's profit declined before executives decided to lay off thousands of workers, but shares gained Tuesday as cloud growth beat expectations. Read More...
The Wall Street Journal
Microsoft Stock Rises Ahead of Tuesday Earnings
Shares of Microsoft rose 1.7% on Monday, as investors eyed the tech stock ahead of the company’s earnings report this week. Microsoft is due to share quarterly results on Tuesday after the bell, among the first megacap tech companies slated to report earnings this season. Tech stocks have rebounded to start the new year after taking a beating in 2022 amid rising interest rates. The tech-heavy Nasdaq Composite is up nearly 9% in 2023, outperforming the other major stock indexes. Microsoft on Mond
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