Investors were enthusiastic about Microsoft's (NASDAQ: MSFT) stock this morning after the company reported better-than-expected sales and earnings for its third quarter. Microsoft's commercial bookings and cloud sales were two bright spots in the quarter that management highlighted in a press release. Revenue from the company's Intelligent Cloud segment, which includes its popular Azure cloud computing service, spiked 26% to $19.1 billion in the quarter. Read More...
Investors were enthusiastic about Microsoft’s (NASDAQ: MSFT) stock this morning after the company reported better-than-expected sales and earnings for its third quarter. Microsoft’s commercial bookings and cloud sales were two bright spots in the quarter that management highlighted in a press release. Revenue from the company’s Intelligent Cloud segment, which includes its popular Azure cloud computing service, spiked 26% to $19.1 billion in the quarter.
