Microsoft racks up more cloud customers

Microsoft racks up more cloud customersMicrosoft on Wednesday reported its latest solid quarterly report card to Wall Street, buoyed by another round of business customers signing up for its cloud computing services. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $1.25 per share. Microsoft shares have risen 35% since the beginning of the year, while the Standard & Poor’s 500 index has risen 20%.

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