Microsoft results bolstered by pandemic cloud computing and gaming [FOX Business Network]
Microsoft Corporation (MSFT)
Last microsoft corporation earnings: 4/29 04:06 pm
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Source: FOX Business Network
Microsoft is pulling LinkedIn out of China over censorship and the Coinbase CEO calls for a new approach to cryptocurrency regulation. Tech analyst Pete Pachal with more. Microsoft Corp beat Wall Street estimates for quarterly results on Tuesday on pandemic-induced demand for the software giant's cloud-based services and gaming consoles as businesses moved to hybrid working and people entertained themselves at home. Contracts for cloud services provided by Microsoft, Amazon.com Inc's AWS and Alphabet Inc-owned Google Cloud have surged since last year when the COVID-19 pandemic shut offices and schools, pushing more activity online Microsoft Chairman and CEO Satya Nadella (Brian Smale and Microsoft - Wiki Commons) (Brian Smale and Microsoft - Wiki Commons) Ticker Security Last Change Change % MSFT MICROSOFT CORP. AMZN AMAZON.COM, INC. GOOG ALPHABET, INC. Powered By Microsoft said revenue from its largest and fastest growing "Intelligent Cloud" segment s
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