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Amazon.com, Inc. (AMZN) - free report >>
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Amazon.com, Inc. (AMZN) - free report >>
Microsoft (MSFT) Shares Fall After Earnings Beat: What This Means For Big Tech
Microsoft (MSFT - Free Report) beat big on top and bottom-line estimates, far exceeding analysts' expectations, yet the stock fell over 2%. This innovation-driven enterprise has been provided with a strong pandemic tailwind with its cloud-oriented business model experiencing robust demand growth through this medically induced economic coma. So why did the stock fall, and what does this mean for the rest of big tech? (AMZN - Free Report) (AAPL - Free Report)
For more color on the topic check out my article: Big Tech May Be In Trouble This Earnings Season
The Hottest Tech Mega-Trend of All
Last year, it generated $24 billion in global revenues. By 2020, it's predicted to blast through the roof to $77.6 billion. Famed investor Mark Cuban says it will produce ""the world's first trillionaires,"" but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>