In spite of (or perhaps more accurately because of) recent mass layoffs at Microsoft, the company is now valued at $4 trillion, only the second company to hit that valuation on the stock market after Nvidia.
As we enter the dog days of summer, many companies are reporting their earnings for the previous quarter. Microsoft is among them and according to its latest earnings call, the tech giant hauled in a Scrooge McDuck-esque $27.2 billion in net income, up 24% from the same period last year.
