Consensus Estimates: Percent Today and Technology Stocks

consensus estimates: Microsoft has jumped 6.1 percent after topping consensus estimates for revenue and profit, helped by strong demand for its Azure cloud computing and Office 365 software products, according to Nine News Australia. The results, along with gains for chipmakers, lifted technology stocks up 2.32 percent today. To improve your experience update it here News World Promising rise in Wall Street stocks after this month's devastating 10 percent plunge6 23am Oct 26, 2018Facebook Tweet MailUS stocks have gained, as strong corporate earnings, including from software company Microsoft and automaker Ford, helped ease nerves following a steep sell-off in the prior session. Strong corporate earnings have helped ease Wall Street nerves following a steep sell-off in the prior session iStock The sector has lost about 10 percent in October and, if losses hold, it would be the worst month for the high-growth sector in nearly 10 years. The results offered hope to Wall Street, battered this week by a series of sluggish outlooks from manufacturers and chipmakers worried about the impact of tariffs, a slowdown in China on profits and global growth. Ford Motor, which is struggling with sales in China, surged 7.4 percent as its earnings report raised hopes for a strong finish to the year, while Raytheon was up 1.2 percent after the US defence contractor raised its full-year forecast. (news.financializer.com). As reported in the news.