(FILES) This file photo taken on July 30, 2014 shows a Microsoft logo during the presentation of the Xbox One in Shanghai. US stocks opened higher July 20, 2016 following a series of mostly solid earnings, including from Microsoft, which lifted the Dow further from an all-time high. Dow-member Microsoft vaulted 5.3 percent after reporting a better-than-expected $3.1 billion in fiscal fourth-quarter earnings that showed strong growth in its cloud computing businesses. / AFP PHOTO / JOHANNES EISELEJOHANNES EISELE/AFP/Getty Images

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