Microsoft"s cloud bet pushes annual sales over $100 billion

The company said sales rose 15 percent to $35 billion in the third quarter, bolstered by strong results in its cloud-computing business......»»

Intel Corp. shares rallied in the extended session Thursday after the chip maker’s quarterly results and outlook topped Wall Street estimates with a big beat in data-center sales......»»

The software giant said it topped $100 billion in annual revenue for the first time. Revenue from server products and cloud services rose 26% in the fiscal fourth quarter......»»

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The legendary investor has over $1 billion in cloud companies including Microsoft, Amazon, ServiceNow, Salesforce.com and Workday......»»

Microsoft won the $10 billion JEDI contract in 2019 to store and manage sensitive military and defense data. Amazon has objected .....»»

Curaleaf Holdings Inc. is selling cannabis at an annual rate of a billion dollars a year, and executives expect that to keep increasing......»»

Peloto.....»»

The majority of those sales came from the North America segment, which reported total revenue of $63.4 billion, up from $46.1 billion a year ago, and operating i.....»»

Microsoft and the Defense Department had asked the court to dismiss allegations that President Donald Trump improperly interfered in the Joint Enterprise Defense Infrastructure contract, a $10 billion military cloud project......»»

Microsoft and the Defense Department had asked the court to dismiss allegations that President Donald Trump improperly interfered in the Joint Enterprise Defense Infrastructure contract, a $10 billion military cloud project......»»

Recreational cannabis in Pennsylvania could bring 32,000 full-time jobs, $3.3 billion in annual sales and $520 million in yearly tax revenue to the Keystone State, according to the cannabis platform Leafly.  read more.....»»

Microsoft Corp (NASDAQ: MSFT) could lose the $10 billion contract to provide cloud computing services to the Pentagon, a deal the government has threatened to discar read more.....»»

Target extended its strong streak through the holiday quarter and sales grew by more than $15 billion, exceeding the company’s annual sales growth over the past 11 years combined. Online sales last year surge.....»»

Alphabet’s quarterly profit rose 43% to $15.2 billion, or $22.30 per share, compared with the average estimate of $10.895 billion, or $15.95 per share......»»

Looking at Q2, Microsoft (NASDAQ:MSFT) earned $17.90 billion, a 12.73% increase from the preceding quarter. Microsoft also posted a total of $43.08 billion in sales, a 15.94% increase since Q1. Microsoft earned $15.88 billion, and sales.....»»

CEO Satya Nadella the company's cloud offerings have been a way for enterprises to quickly reshape their business models over the last 12 months. Revenue in its Azure cloud service was up a whopping 50% in its fiscal second quarter......»»

Microsoft Corp. blew away earnings expectations Tuesday as it surpassed $40 billion in sales and $15 billion in profit in a quarter for the first time, sending shares up from their record closing price......»»

General Motors and Cruise will also switch to Microsoft's Azure cloud network as part of the deal, which sent GM's stock price soaring. .....»»

The cloud services giant said the corrective federal action that landed Microsoft the $10 billion contract award actually ended up lowering its own price by "tens of millions of dollars.".....»»