Microsoft Microsoft (NASDAQ: MSFT) was another big winner last month as the tech giant also delivered a strong earnings report and continued to benefit from excitement around AI. Major indexes have soared on generally positive earnings reports and macroeconomic data that have convinced investors that the Federal Reserve is done raising interest rates. Specifically, the October Consumer Price Index was cooler than expected, leading to stocks soaring on Nov. 14 as investors adjusted their interest rate forecasts.