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Cloud Contest: Microsoft And Amazon Fight Battle As Earnings Loom

It may sound like a movie, but “JEDI” could be a hot earnings call topic for both Microsoft Corporation (NASDAQ: MSFT) and Amazon.com, Inc. (NASDAQ: AMZN) this quarter. read more.....»»

Category: blogSource: benzingaJul 17th, 2019

Microsoft will likely beat Street views in December quarter as pandemic accelerates shift to cloud: Wedbush

Microsoft Inc. is likely to again exceed earnings expectations for its December quarter, as the current work-from-home environment is accelerating the shift to cloud, Wedbush ana.....»»

Category: topSource: marketwatchDec 30th, 2020

Most Of Microsoft"s Cloud Business Is "Essential," Even In a Recession, Says Bullish Wedbush

Microsoft Corporation (NASDAQ: MSFT) beat analyst estimates for third-quarter earnings on Wednesday, and a bullish Wedbush analyst said much of the company's business benefits from the pandemic environment.  The Microsoft An.....»»

Category: earningsSource: benzingaApr 30th, 2020

Earnings Watch: Apple, Amazon and Gilead take anchor leg of earnings race with a big lead

Big Tech has survived the pandemic earnings test thus far, but the final two question marks loom Thursday......»»

Category: topSource: marketwatchApr 30th, 2020

Microsoft weathers the coronavirus pandemic, posting earnings boost from its cloud business

One of the world's most valuable companies grew as at-home workers turned to its Web-based services......»»

Category: topSource: washpostApr 29th, 2020

Microsoft reports quarterly revenue of $35 billion, beating Wall Street estimates as the coronavirus crisis drives demand for its cloud (MSFT)

Justin Sullivan/Getty Images Microsoft reported third-quarter earnings on Wednesday, beating analyst expectations as it reported $35 billion in revenue and $10.8 billion in net income. Microsoft said.....»»

Category: topSource: businessinsiderApr 29th, 2020

Big Tech"s First Coronavirus Earnings Test: Buy Apple, Amazon or Microsoft Stock?

Zacks.....»»

Category: topSource: redinewsApr 27th, 2020

Microsoft Q3 Earnings Preview: Eyeing Cloud, Home, And Business Solutions

Last quarter, Microsoft Corporation (NASDAQ: MSFT) solid earnings results helped kick off a sharp .....»»

Category: earningsSource: benzingaApr 27th, 2020

Microsoft Azure, cloud growth in focus heading into earnings, says Wedbush

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallApr 20th, 2020

Business in the Age of COVID-19: Microsoft’s push to the cloud may save it from a coronavirus crash

As the last recession washed over Microsoft Corp. in 2009, the company’s sales and earnings d.....»»

Category: topSource: marketwatchApr 16th, 2020

The Wall Street Journal: Amazon claims Pentagon’s JEDI review still favors Microsoft

Amazon.com Inc. accused the Pentagon of seeking to manipulate its review of a huge cloud-computing deal to steer the award to rival Microsoft Corp......»»

Category: topSource: marketwatchMar 24th, 2020

Amazon asks court to require DOD to widen Microsoft cloud review, Bloomberg says

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMar 24th, 2020

Pentagon will not split cloud contract award between Amazon and Microsoft

Amazon is suing the Defense Department to overturn the award, potentially worth $10 billion to Microsoft.....»»

Category: topSource: foxnewsMar 24th, 2020

The Technology 202: President Trump unveils new supercomputing initiative to fight coronavirus

IBM, Amazon, Microsoft, Google and more are teaming up with the White House......»»

Category: topSource: washpostMar 23rd, 2020

Amazon Prepares to Fight Microsoft for $10 Billion Defense Contract

The US Department of Defense agrees to reconsider the contract that Amazon claims suffered from presidential interferenceRelated Stocks: AMZN, MSFT, TWTR,.....»»

Category: blogSource: gurufocusMar 13th, 2020

Pentagon asks to reconsider part of JEDI cloud decision after Amazon protest

In a court document unsealed Thursday evening, the Defense Department asked for 120 days to reassess, after a judge's ruling. Amazon had objected to the initial decision to award the contract to Microsoft......»»

Category: topSource: washpostMar 13th, 2020

U.S. judge says Amazon likely to succeed on key argument in contract challenge

A U.S. judge said Amazon.com Inc is likely to succeed on a key argument of its challenge to the U.S. Department of Defense's decision to award cloud computing deal worth up to $10 billion to Microsoft Corp......»»

Category: topSource: reutersMar 7th, 2020

U.S. judge says Amazon likely to succeed in Defense cloud contract challenge

A U.S. judge said Amazon.com Inc is likely to succeed in its challenge to the U.S. Department of Defense's decision to award an up to $10 billion cloud computing deal to Microsoft Corp......»»

Category: topSource: reutersMar 7th, 2020

Job cuts come to Google Cloud as it refocuses and restructures

A reorganization is coming to Google Cloud, marking another change occurring under CEO Thomas Kurian as it fights for dominance against the likes of Microsoft Corp. and Amazon.com Inc. As first reported by the Wall Street Journal, Google Cloud — a .....»»

Category: topSource: bizjournalsFeb 18th, 2020

With $10B JEDI contract suspended, this is what"s at stake for Microsoft and Amazon

The ruling is the latest development in the cloud competition between Amazon and Microsoft......»»

Category: topSource: bizjournalsFeb 14th, 2020

Microsoft"s Work For Pentagon Suspended As Judge Approves Amazon Appeal

A federal judge on Thursday approved Amazon.com Inc.'s (NASDAQ: AMZN) appeal and issued a temporary injunction against Microsoft Corporation's work on a $10 billion Pentagon cloud computing contract, CNBC read more.....»»

Category: blogSource: benzingaFeb 13th, 2020