Why Microsoft Stock Climbed Today

·2 min read
Why Microsoft Stock Climbed Today

Shares of Microsoft (NASDAQ: MSFT) rose 2.9% on Wednesday after the software leader issued an optimistic growth forecast. Microsoft's revenue jumped 20% year over year to a whopping $51.7 billion in its fiscal 2022 second quarter, which ended on Dec. 31. Microsoft is seeing robust demand for its cloud-computing and productivity software.

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