Microsoft Shares Rise 0.2% on Monday Ahead of July 29 Earnings Amid US-Iran Conflict

On Monday, Microsoft shares rose 0.2% in overnight trading, bucking declines across the broader market. Retail traders on Stocktwits called MSFT 'the safest earnings play,' citing upcoming results scheduled for July 29. Analysts expect revenue to reach $87.66 billion and adjusted profit to increase to $4.24 per share, according to Koyfin estimates.

The stock's resilience comes as the U.S. launched multiple strikes on Iran on Sunday in response to an Iranian attack on a container ship in the Strait of Hormuz. Iran retaliated with attacks on multiple regions hosting U.S. military forces, raising concerns about escalation during a 60-day ceasefire period aimed at facilitating peace talks.