Stocks
Microsoft Stock Defies Market Selloff with Windows 11 Search Revamp
Microsoft's stock bucked the market-wide selloff linked to the U.S.-Iran conflict, rising 1.5% on Monday.
The company announced a major update to its iconic Search Box in Windows 11, aiming to make the experience better and less cluttered.
The revamped search prioritizes on-device information and files before reaching the web, and features a streamlined interface free of recommended content and ads.
Despite this positive news, retail traders remain bearish on MSFT stock, eyeing $400 as a crucial breakout level.
Microsoft is scheduled to report its fiscal fourth-quarter earnings on July 29, with analysts expecting revenue to rise 15% to $87.66 billion and adjusted profit to increase 16% to $4.24 per share.