Microsoft Forecasts Strong Growth for Azure Cloud Business, Shares Surge 7% By Deborah Mary Sophia, Stephen Nellis and Aditya ...

Microsoft reported its Q3 earnings on Wednesday, blowing analysts' estimates out of the water with massive revenue and ...

Microsoft Corp. shares jumped after the company reported stronger-than-expected quarterly sales and profit growth, suggesting customer demand for cloud services has held steady despite a wave of ...

Worldwide spending on cloud services continued to surge as 2020 came to a close, with Microsoft showing notable growth in market share. The industry saw $37.1 billion in enterprise spending on ...

AWS, Amazon’s profit engine, posted $29.3 billion in revenue, with segment operating income climbing to $11.5 billion — suggesting that demand for cloud and AI workloads remains strong.

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