Microsoft Soars 15 Percent, Lifting Tech Stocks in Midday Trading

Earnings Impact 4
โดย The Motley Fool·Read original
Summary · why it matters

Microsoft shares surged 15.5 percent in midday trading on July 30, driving a broad tech rally after the company reported strong quarterly results. The Nasdaq Composite rose 2.61 percent to 25,0810, the S&P 500 gained 1.29 percent to 7,422, and the Dow Jones Industrial Average added 0.81 percent to 52,010. Technology stocks overall climbed 4.31 percent, while real estate and healthcare sectors lagged. Sprouts Farmers Market also jumped on an earnings beat, Micron Technology rallied alongside gains in Samsung Electronics, but Teladoc Health plunged over 26.8 percent after cutting its guidance. The rally came despite data showing U.S. GDP growth slowed to 1.5 percent in the second quarter, below expectations, amid persistent inflation and reduced government spending.

Impact on stocks 6

Artificial Intelligence▲ · 2 stocks
Health Care▼ · 1 stocks
Teladoc Inc
TDOC
▼ NegativeCapitalrelevance

Plunged over 26.8% after cutting its guidance.

Consumer Staples▲ · 1 stocks
Semiconductors▲ · 1 stocks
Spatial Computing / AR/VR▲ · 1 stocks
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