Microsoft (MSFT)

Q2 2026 Results

We have reported on Microsoft on a number occasions and you can find those reports here, here and here. Our long-standing stock investment has done very well.

At one time, it was our second largest position (behind Nvidia). We sold a large part of our position about five months ago due the high valuation. We can review the company again in the light of its Q2 2006 results

TL:DR

This was a good set of results but the stock fell 11%, A little correction may have been expected but 11% is unusual, to say the least. We argue the market has misunderstood the significance of some of the key numbers.