> >

Wall Street edges higher on Microsoft's beat, rate cut optimism

Reuters India Friday, 19 July 2019
Wall Street's main indexes inched higher on Friday after solid results from technology giant Microsoft added to an upbeat mood following hints from a top Federal Reserve official that a U.S. interest rate cut could be imminent.
Credit: Wochit News - Published < > Embed
News video: Microsoft Earnings Blew Away Estimates

Microsoft Earnings Blew Away Estimates 00:32

Microsoft reported its quarterly earnings on Thursday. Business Insider reports the company posted results that easily surpassed Wall Street estimates. Microsoft's earnings per share came in at $1.37, beating estimates of $1.21. Microsoft Azure saw its revenue grow 64% from the same period of 2018.

You Might Like

Environmentally friendly: newsR is hosted on servers powered solely by renewable energy
© 2019 newsR Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest