Stocks

Microsoft's cloud growth pleases Wall Street

Microsoft's ongoing push to get automakers, retailers and other businesses onto its cloud computing platform helped power the company's third-quarter earnings ahead of Wall Street expectations Wednesday.

SMI wants to become private NASCAR track operator

The parent company of Speedway Motorsports Inc. has made an offer to acquire all of its outstanding common stock, the second move of its kind involving one of the key racetrack operators in NASCAR in the past five months.

Business Highlights

___ Back to the same record, but it's a different stock market NEW YORK (AP) — The stock market went on a harrowing round trip the last seven months, but it may be in a healthier place after it.

How the major US stock indexes fared Tuesday

The S&P 500 index closed at a record high Tuesday, surpassing the peak it set last September and recouping all the ground it lost in a nosedive late last year.