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Apple (AAPL) Edges Up on Strong iPhone Sales as Microsoft (MSFT) Plunges on Azure Growth Concerns

Dow Jones Newswires Read original source (opens in a new tab)
The Story

News Summary

  • Apple beat revenue estimates driven by strong iPhone and China sales but faces cost concerns.
  • Microsoft plunged 10% on slowing Azure cloud growth fears, marking its biggest single-day decline since 2020, signaling significant short-term negative sentiment.
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MSFT price history

505.41 +4.76% over the displayed period

Advisor Snapshot

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