1 Big Catalyst For Microsoft's Cloud Computing Business

Cloud computing is one of Microsoft's (NASDAQ: MSFT) biggest catalysts. The software giant now gets nearly 30% of its total revenue from the Intelligent Cloud business, which also happens to account for nearly a third of its total operating income.The solid traction of Microsoft's Azure cloud platform has been critical to the rapid growth of this segment.

BING NEWS:
  • Microsoft announces US$2.2 billion investment to fuel Malaysia’s cloud and AI transformation
    Microsoft to invest US$2.2 billion in Malaysia for new cloud and AI infrastructure, AI skilling opportunities, nation’s cybersecurity capabilities and developers.
    05/1/2024 - 5:38 pm | View Link
  • Azure AI Emerges as Star Performer, Boosting Microsoft’s Cloud Growth
    The narrow-moat Microsoft MSFT has always been a remarkable performer; after all, it has topped the revenue and profit expectations for the third quarter. As previously assuming a medium-term ...
    04/26/2024 - 12:06 am | View Link
  • Tech titans soar: Alphabet and Microsoft ride high on AI-driven earnings wave
    The two tech giants - Alphabet and Microsoft - report strong quarterly earnings that surpass market expectations, propelling their stocks to soar. Investors maintain optimism toward their respective ...
    04/25/2024 - 8:49 pm | View Link
  • Microsoft, Alphabet, and More Report Earnings Today
    More earnings from Big Tech companies roll in later today, with Microsoft and Alphabet reporting after the market close. Intel, Snap, Roku, and Western Digital also release results. The group follows ...
    04/24/2024 - 8:44 pm | View Link
  • Microsoft Could Topple Amazon's Cloud Dominance, Thanks to AI
    Microsoft is predicted by Rishi Jaluria of RBC Capital Markets to overtake Amazon's market share. According to Jaluria, cloud providers should generally profit from indications that technology ...
    04/24/2024 - 5:40 pm | View Link
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