Why Microsoft Stock Surged 24.6% in July While the Market Was Flat
In its most recent quarter, Microsoft Cloud's revenue was $59.3 billion, up 27% year over year,
Overview
Shares of software and cloud computing giant Microsoft (NASDAQ: MSFT) soared 24.6% in July, according to data from S&P Global Market Intelligence.
For context, the S&P 500 index was essentially flat -- it edged down less than 0.1% -- while the tech-heavy Nasdaq Composite index declined 3.2%.
Details
Investors were no doubt particularly pleased with Microsoft's stock jump in July because shares had been about 19% in the red in 2026 before last week's earnings release. Through Tuesday, Aug. 4, Microsoft stock has returned 2.3% in 2026. The S&P 500 has returned 13.8% over this period.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.