Technology

Microsoft jumps as tech giant delivers 'cloud guidance ... heard around the world'

Microsoft jumps as tech giant delivers 'cloud guidance ... heard around the world'

Microsoft (NASDAQ:MSFT) may have calmed the nerves of tech investors on Tuesday when it reported better-than-expected third-quarter results and delivered guidance that will be "heard around the world." Wedbush Securities analyst Dan Ives, who rates Microsoft (MSFT) outperform with a $340-per-share price target, noted that the guidance provided by Satya Nadella and team was "one for the ages" and should help calm the fears of investors.

Click here to read more -->
×