Microsoft Surges 10%: All About the Cloud

Tech Trader Daily
By Tiernan RayApr 24, 2015, 5:37 pm186 pts
Shares of Microsoft (MSFT) surged $4.53, or 10.5%, to close at $47.87, after the company Thursday afternoon crushed fiscal Q3 revenue estimates and said its cloud computing business is on track to record $6.3 billion in annual revenue, and a surge in sales of its Surface tablet computer. Today’s rise was…

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