Matthew Hedberg, Software Analyst, RBC Capital Markets, highlights the areas in which the tech giant outperformed in the fourth quarter of its fiscal year.» Read More
But a cautious mood was expected to return in early European trade, where spreadbetters predicted Britain's FTSE 100 to open 8 to 15 points lower, or down as much as 0.2 percent; Germany's DAX to open down 20 to 22 points, or 0.2 percent lower; and France's CAC 40 to open 5 to 6 points lower, or down 0.1 percent.
Hong Kong's Hang Seng was up 0.8 percent to 23,962.98 and Australia's S&P/ASX 200 rose 0.6 percent to 5,575.10 helped by the brisk output report by mining giant BHP Billiton.
SEATTLE, July 22- Microsoft Corp said it aims to get its loss-making Nokia phone unit to break even within two years, helping its stock rise in after-hours trade.
Check out which companies are making headlines after the bell Tuesday: Apple, Microsoft, VMWare & more.
SAN FRANCISCO, July 22- Video game publisher Electronic Arts Inc reported better-than-expected revenue and profit for the first quarter, driven by robust sales of titles such as "Titanfall," digital revenue and cost control.
Microsoft's earnings fell short of estimates, but its revenue beat. Dan Ives, FBR Capital Markets, trusts the company's cloud-centric strategy.
*Chipotle rallies a day after results, Netflix slides. Netflix Inc, one of the market's biggest trading favorites over the past few years, reported a quarterly profit that more than doubled on Monday after the market closed. However, on Tuesday, Netflix shares fell 4.6 percent to $431.09 as the company's plans to expand in Europe were seen as eroding profits.
CNBC's Dominic Chu rounds up this afternoon's earnings action.
U.S. stocks rose on Tuesday, building on gains after CPI rose in June, with sentiment also stabilized by encouraging earnings reports.
REDMOND, Wash.— Microsoft Corp. CEO Satya Nadella painted an upbeat vision of the future Tuesday, saying that the next version of Windows will be unified across screens of all sizes and that two money-losing units— Nokia phones and Bing search— would become profitable in 2016..
SEATTLE, July 22- Microsoft Corp said on Tuesday its fiscal fourth-quarter revenue rose, beating Wall Street expectations, but its profit fell 7 percent, partly due to the effect of incorporating the handset business of Nokia.
SEATTLE, July 22- Microsoft Corp said on Tuesday its fiscal fourth-quarter revenue rose, but its profit fell, partly due to the effect of incorporating the handset business of Nokia, which it acquired in April.
CNBC's Jon Fortt reports on Microsoft's fourth quarter earnings.
Microsoft reports Q4 revenue of $23.38 billion. Max Wolff, Milano Graduate School, and Ross Gerber, Gerber Kawasaki CEO, discuss the health of its future growth.
Apple Inc. rose. 8 percent to $94.72 with 47,935,000 shares traded. Applied Materials Inc. fell 1.7 percent to $22.52 with 24,748,200 shares traded. Cisco Systems Inc. rose. 4 percent to $25.95 with 28,240,300 shares traded.
SAN FRANCISCO, July 22- European Union antitrust regulators are preparing to step up investigations of Google Inc's practices on several fronts and are likely to revise certain terms of a settlement involving its search engine that was proposed earlier this year, the Wall Street Journal reported on Tuesday.
The "Fast Money" traders share their final trades of the day.
European shares closed higher on Tuesday with investors shrugging off concerns surrounding events in both Gaza and Ukraine.
Analysts expected the company to report nearly $38 billion in revenue, but even more, they were also looking for clues on new products to come.
NEW YORK— Solid earnings for a range of big companies helped nudge the stock market higher on Tuesday. The restaurant chain Chipotle and the cable giant Comcast surged after reporting better results than Wall Street expected. COMMENT: "The news today is pretty good," said JJ Kinahan, chief strategist at TD Ameritrade.