Earnings Results: Microsoft stock turns green after strong sales forecast, reversing a post-earnings decline

Microsoft Corp. sales topped $50 billion for the first time in the holiday quarter of 2021, and a stock decline in late trading turned around Tuesday after the software giant predicted stronger revenue in the current quarter than analysts expected.

Microsoft Corp. sales topped $50 billion for the first time in the holiday quarter of 2021, and a stock decline in late trading turned around Tuesday after the software giant predicted stronger revenue in the current quarter than analysts expected.