Microsoft earnings cause a surge

Note: This section contains information in English only.
Source: Dukascopy Bank SA


As the markets closed on Tuesday, Microsoft announced their quarterly earnings, which beat Wall Street expectations. Moreover, the company revealed that its cloud services are bound to continue to drive up the company's sales.

Due to the news, the stock price for Microsoft started Wednesday's trading with a surge of more than 2.80%, which was heading higher at the time of writing.

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