Microsoft’s stock rises 9% on strong Azure revenue growth and steady capex spending

Microsoft Corp.’s stock was trading 9% higher in the after-hours session today after reporting four-quarter earnings and revenue that surpassed Wall Street’s expectations while reiterating its capital expenditures forecast for the rest of the year. The company reported earnings before certain costs such as stock compensation of $4.74 per share, beating the Street’s projection of […] The post Microsoft’s stock rises 9% on strong Azure revenue growth and steady capex spending appeared first on Sil