Microsoft calms investors with optimistic cloud forecast and its stock ticks up

Microsoft Corp.’s stock rose more than 4% in after-hour trading today after the software and cloud giant provided better-than-expected guidance for the year ahead.
The rise came despite the company posting fiscal fourth-quarter financial results that missed Wall Street’s expectations. The company…

Link: Microsoft calms investors with optimistic cloud forecast and its stock ticks up
via siliconangle.com

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