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Microsoft says that there is plenty of growth in its cloud
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Microsoft says that there is plenty of growth in its cloud
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27th January 2022, 13:16
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| [M] Reviewer  Join Date: May 2010 Location: Romania
Posts: 153,575
 |  Microsoft says that there is plenty of growth in its cloud Record profits Software King of the World Microsoft reassured investors that its cloud business was growing after it reported less-than-stellar growth in its cloud business. Vole shares rebounded after Microsoft forecast cloud growth in the current quarter. Shares climbed more than five per cent to $303.14. Executives forecast revenue for Microsoft's Intelligent Cloud unit of $18.75 billion to $19 billion for the third quarter, compared with a Wall Street consensus of $18.15 billion, according to Refinitiv data. The cocaine nose jobs of Wall Street said that this news should start to change the sentiment tide against tech shares. Tech shares have been hammered since Christmas, despite brilliant results and promises. https://fudzilla.com/news/memory-and...h-in-its-cloud |
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