Here’s Why Microsoft Shares Are Jumping

Wall Street is still pumped about Microsoft after the business technology giant reported its latest earnings that beat analyst expectations.

Microsoft msft shares were up around 2.2% to $106.71 in midday trading on Friday, due in part to investor optimism over the company's push into cloud computing.

The business technology giant reported earnings per share of $1.13, which beat analyst expectations of $1.08. Microsoft also said that its overall fiscal...

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