Tech Stocks Rally on Strong Earnings from Microsoft and Amazon
Tech stocks made a significant rebound on July 31, 2026, driven by strong earnings reports from major companies.
Microsoft Corp (MSFT) was one of the top performers in the Nasdaq 100, with its stock price increasing by 21.75% this week.
The company's fourth-quarter earnings exceeded market expectations, boosting investor confidence in artificial intelligence (AI) investments.
According to GuruFocus, MSFT is currently undervalued by approximately 18.6%, with a GF Value of $571.09 compared to its current price of $464.72.