Microsoft Corporation (NASDAQ: MSFT) reported earnings on July 29, and the stock has been on a tear ever since. The share price is up over 25% since the report and turned positive for the year on Aug. 5.
The rally is a relief to shareholders who had watched MSFT drop nearly 30% between October 2025 and March 2026. The company seemed to be at the center of every headwind affecting technology stocks.
