Microsoft pops on earnings report [CNBC]
Comcast Corporation - Class A (CMCSA)
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Source: CNBC
Microsoft pops on earnings report Chesnot | Getty Images Microsoft CEO Satya Nadella speaks to participants during the Viva Technologie show at Parc des Expositions Porte de Versailles on May 24, 2018, in Paris Here are the key numbers to watch: : Microsoft shares are trading near a record after rallying 34% over the past year. The company is kicking off tech earnings season, with the mega-cap companies all slated to report in the next week. Facebook's Amazon Alphabet Apple intraday record Source: CNBC Sales growth at Microsoft, which is expected to come in at over 11% in the latest quarter, is being driven by the transition to the public cloud as more large businesses offload their servers and data storage. Azure, Microsoft's cloud infrastructure offering, is part of the commercial cloud business, which grew 48% in the fiscal second quarter, and analysts at Stifel estimated this week that the segment's annual run rate should be up another 40% to $38.5 billion. While Azure is still m
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