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Microsoft’s strong quarter backs up its stock rebound. Here's our new price target

CNBC World •
October 29, 2026 • 12:27 AM
• By Jeff Marks
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Microsoft shares are up nearly 3% in after-hours trading, putting the stock in record-high territory.

Microsoft’s strong quarter backs up its stock rebound. Here's our new price target

Microsoft shares are up nearly 3% in after-hours trading, putting the stock in record-high territory.

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Same Story from Other Publications

Compare how 6 other independent news outlets reported on this story.

6 Publications
SBS News Australia
5h ago
20,000 complaints per minute. How was the Microsoft outage fixed?

20,000 complaints per minute. How was the Microsoft outage fixed?

Microsoft had over 450 million paid user licenses as of January 2026, all unable to access their emails for over 24 hours.

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The Guardian
5h ago
Microsoft ‘deeply sorry’ for global disruption that could have billion-dollar impact on Australia

Microsoft ‘deeply sorry’ for global disruption that could have billion-dollar impact on Australia

Experts say outage exposes ‘Australia’s reliance on foreign technology’ as software giant says services being restored

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Al Jazeera English
6h ago
Microsoft services begin recovering after global outage

Microsoft services begin recovering after global outage

Microsoft services began recovering on Friday after a global outage disrupted Outlook and Teams.

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The Age
8h ago
Microsoft’s global outage and fixes: What we know

Microsoft’s global outage and fixes: What we know

Some of Microsoft’s most popular products, including Outlook, Teams and Copilot, stopped working across the world. Burt the company says it is seeing “encouraging recovery progress”.

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BBC News
9h ago
Microsoft 'deeply sorry' for global outage as it reports broad recovery

Microsoft 'deeply sorry' for global outage as it reports broad recovery

Experts say the event is a "stark reminder" of how heavily the world relies on a small group of big tech providers.

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ABC News Australia
11h ago
Microsoft 'deeply sorry' for global outage, reports 'broad recovery' of services

Microsoft 'deeply sorry' for global outage, reports 'broad recovery' of services

Microsoft rules out any malicious "cyber or AI" activity after a worldwide outage disrupted healthcare services, delayed corporate earnings reports and left schools struggling to communicate.

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