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World's largest retailer $WMT reported a 8.6% rise in 2Q17 earnings driven by lower provision of taxes and gain on sale of Yihaodian. Results were negatively impacted by currency exchange rate fluctuations and investments in people and technology. Net income grew to $3.77Bil or $1.21 per share from $3.48Bil or $1.08 per share last year.
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.