Microsoft beats quarterly revenue estimates on cloud boost - NewsBreak
By Megansoto in Business
Updated 2 years ago
Oct 26 (Reuters) - Microsoft Corp (MSFT.O) beat Wall Street expectations for quarterly revenue on Tuesday, as demand soared for the software giant's cloud-based services from businesses adopting hybrid work models. Demand for cloud services provided by Microsoft, Amazon.com Inc's (AMZN.O) AWS and Alphabet Inc-owned (GOOGL.O) Google Cloud has surged...