Microsoft Continues to Beat Earning Estimates

Microsoft saw another great earnings as global pandemic increased needs for cloud services, software and video games. So far this year they saw 30% jump in sales which is huge, especially since many firms are strugling to survive and as to cloud services, Microsoft saw 48% increase in revenue compared to 2019. With new Xbox series X comming this fall and Covid 19 cases spiking again we can expect this trend to continue and their stock prices going up. (Tilley, Wall Street Journal)

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