Microsoft Beats December-Quarter Targets, But Stock Falls Late

Microsoft Stock Falls Despite Fiscal Q2 Beat | Investor's Business DailyBREAKING: [Trump Says He'll Name Fed Chief Pick On Friday]---Software leader Microsoft (MSFT) late Wednesday beat analyst estimates for its fiscal second quarter, thanks to growth in its cloud computing and AI businesses. But Microsoft's fiscal Q3 revenue guidance came in light. Microsoft stock sank in extended trading. The Redmond, Wash.-based company earned an adjusted $4.14 a share on sales of $81.27 billion in the quarter ended Dec. ...