Microsoft is finally launching its much-anticipated return to the smartphone market with its new Surface Duo, a dual-screen foldable phone.
The last few months have provided a steady trickle of information about the next Xbox console — or the Xbox Series X, as it's known. Microsoft had said it'd be ready by the holidays, but held off on getting much more specific than that. Microsoft doesn't say exactly when in November, so they've still got some wiggle room on the exact launch date.
Tech stocks were rallying on Wednesday, helping to push the Dow Jones Industrial Average (DJINDICES: ^DJI) up about 1% by 2 p.m. EDT. By Wednesday afternoon, Apple stock had gained 3%, while Microsoft stock had gained 2.5%.