Microsoft (MSFT) Shares Fall After Earnings Beat: What This Means For Big Tech

Daniel Laboe

July 23, 2020 at 1:56 p.m.·1 min read

Microsoft MSFT beat big on top and bottom-line estimates, far exceeding analysts' expectations, yet the stock fell over 2%. This innovation-driven enterprise has been provided with a strong pandemic tailwind with its cloud-oriented business model experiencing robust demand growth through this medically induced economic coma. So why did the stock fall, and what does this mean for the rest of big tech? AMZN AAPL

For more color on the topic check out my article: Big Tech May Be In Trouble This Earnings Season

The Hottest Tech Mega-Trend of All

Last year, it generated $24 billion in global revenues. By 2020, it's predicted to blast through the roof to $77.6 billion. Famed investor Mark Cuban says it will produce ""the world's first trillionaires,"" but that should still leave plenty of money for regular investors who make the right trades early.

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