Microsoft blew away Q2 2021 expectations on the strength of its cloud and personal computing businesses.
Billionaire financier Leon Black will step down as CEO of Apollo Global Management after a company review unearthed more than $150 million in payments to Jeffrey Epstein. But Black is hardly the only major business figure who knew Epstein.
MSCI's gauge of Asian ex-Japan shares slipped 0.3%, dragged lower by profit-taking in resource shares as some investors have grown wary of stretched valuations. But Japan's Nikkei rose 0.2% and the region's tech-heavy markets, such as South Korea and Taiwan eked out small gains, helped by 0.5% rises in Nasdaq futures after Microsoft's brisk quarterly results. Microsoft shares rose 4% in extended trading after its Azure cloud computing services grew more 50%.