10/27, 7:51 PM (Source: TeleTrader)
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Microsoft jumps 5% after upbeat earnings

Shares of Microsoft Corporation rose by more than 5% on Wednesday after the company posted its first-quarter earnings report that seemingly exceeded market expectations.

Microsoft's revenue and operating income jumped over 20%, while net income and diluted earnings per share soared almost 50%.

The company's stock was 5.09% higher at 1:48 pm ET, selling for $325.85.

Breaking the News / MS