Microsoft stock price surges

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


Microsoft published its quarterly results after Tuesday's trading hours. The company has revealed stunning results, which caused the stock to trade up 8.37% at $298.72, before Wednesday's open. The stock price has reached levels not seen since April 2022.

In general, the company has beat its quarterly revenue and profit expectations. Namely, earnings are 9.42% and revenues are 3.60% higher than expected.

In addition, the company has reported that its cloud computing and office software businesses have continued to grow, as AI products have boosted the sales of these products.
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Thu, 27 Apr 2023 11:17:49 GMT

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