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Texas-based airline company $LUV said it is recovering from a system-wide technology outage which occurred yesterday, July 20. There was a network equipment failure and the backup failed as well which hindered standard recovery efforts. The network was virtually fully recovered and restored around 12 hours later and operations are catching up.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.