LIVE MARKETS-Two COVID vaccine leaders, two different stories
* Main U.S. indexes slightly red: Nasdaq off ~0.2% * Energy weakest S&P 500 sector; cons disc leads gainers * Euro STOXX 600 index off ~0.1% * ...
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* Main U.S. indexes slightly red: Nasdaq off ~0.2% * Energy weakest S&P 500 sector; cons disc leads gainers * Euro STOXX 600 index off ~0.1% * ...
Microsoft Corp (NASDAQ:MSFT)'s revenue rose 2% on a reported basis to $52.7bn in the second quarter, which was lower than the 2.4% growth the market was expecting.
Microsoft shares are down Wednesday despite an earnings report that showed a 2% spike in quarterly revenue.
Netflix's fourth quarter revenue rose to $7.9bn, which was slightly better than expected and was up 10%, ignoring the effect of exchange rates.
Lead Equity Analyst Andres Shephard believes Lucid's efficiency, range and more make it a solid investment.