Peter Hanks, an anlyst at DailyFX, analyzes what Microsoft's earnings beat means for the future of the stock.
Microsoft beat analyst expectations for its Q4 earnings, thanks to strength from its cloud and productivity segments.
European stock markets are expected to open largely unchanged Wednesday, as investors digest continued weakness in Asian markets on China’s regulatory crackdown, more corporate earnings and the outcome of the latest Federal Reserve meeting. At 2:05 AM ET (0605 GMT), the DAX futures contract in Germany traded 0.1% lower, the FTSE 100 futures contract in the U.K. fell 0.1%, while the CAC 40 futures in France rose 0.2%. Asian markets weakened Wednesday, falling for a third straight session and hitting sentiment in Europe, as investors continued to fret about the regulatory crackdowns by the Chinese authorities.