Stocks
Microsoft Tokenized Stock Stuck in Narrow Range Ahead of Earnings
Microsoft's tokenized stock has been trading in a narrow range between $484 and $493, with little momentum from buyers or sellers.
The company reported strong quarterly revenue of $90 billion, along with 39% year-over-year growth in Azure, and an earnings per share (EPS) of $4.74, beating consensus expectations by $0.50.
A majority of both retail and top traders on Binance Futures are short MSFT tokenized stock, with 59.3% of retail accounts and 58.8% of top trader positions held short.