Why Microsoft Stock Popped This Week

Shares of tech giant Microsoft (MSFT 8.45%) spiked this week after the company reported better-than-expected revenue and earnings in its fiscal third quarter. The company's Azure cloud computing service and Microsoft 365 products are firing on all cylinders, which was welcome news to investors, many of whom have lost their appetite for some tech stocks as of late.With the company's impressive quarterly results, Microsoft stock was up by 9.5% this week, according to data compiled by S&P Global Market Intelli ...