Microsoft's slight earnings beat is not enough to lure us off the sidelines

delivered better second-quarter results than many on Wall Street anticipated, initially sending shares soaring in afterhours trading. But the stock retreated after management announced softer-than-expected guidance for the technology giant's third quarter — underscoring our decision to remain sidelined buyers for now. Revenue for the three months ended Dec. 31 came in at…

This story appeared on, 2023-01-25.
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