W3Schools

Earnings Outlook: Microsoft earnings: Turning AI-backed cloud computing into more cash

Microsoft Corp. hit a $600 billion valuation in October for the first time since 2000, and crossed the $700 billion market cap threshold in January, as investors continued to bank growth off the massive, global shift to cloud computing. Now, Microsoft will have to prove its cloud growth is worth that much.

Ahead of the Redmond, Washington-based company’s fiscal second-quarter earnings Jan. 31, investors should expect cloud to continue to drive its top line. Microsoft MSFT, -0.15% gained the most market share for the year among the top 60 vendors, including rivals Alphabet Inc. GOOGL, -0.09%GOOG, -0.02% and Amazon.com Inc.

>>> Original Source <<<

Comentários