Microsoft's Stock Remains Strong Despite Layoffs - How Will MSFT Fare?

Microsoft announced layoffs in its global workforce as part of a restructuring plan, but analysts believe this will not affect the stock’s upward trajectory. The company’s stock has been steadily rising, with a 13% increase in the past month alone. Microsoft remains a strong player in the technology sector, with a market capitalization of over $2 trillion. Despite the layoffs, investors remain confident in Microsoft’s long-term growth prospects.

Read more at Barchart: Microsoft Is Cutting 9,000 Jobs in the Latest Round of Layoffs. How Should You Play MSFT Stock Here?