Microsoft on Tuesday reported quarterly earnings the blew past market expectations, fueled by demand for cloud computing and Windows-powered machines.
"Digital technology is a deflationary force in an inflationary economy," Microsoft chief executive Satya Nadella said in an earnings release. Personal computer sales – which had been waning in a world increasingly obsessed with smartphones – revived during the pandemic, as users relied more on home internet connections for work, school and social life.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Microsoft results bolstered by pandemic cloud computing and gaming | Malay MailNEW YORK, Oct 27 — Microsoft Corp beat Wall Street estimates for quarterly results yesterday on pandemic-induced demand for the software giant’s cloud-based services and gaming consoles as businesses moved to hybrid working and people entertained themselves at home. Contracts for cloud services...
Source: malaymail - 🏆 1. / 86 Read more »
Russian hackers behind fresh US cyberattack, says Microsoft | Malay MailWASHINGTON, Oct 25 — The state-backed Russian hacking group that carried out last year’s massive SolarWinds cyberattacks is behind a new and ongoing assault against US and European targets, Microsoft said today. The software giant’s Threat Intelligence Center (MSTIC) said in a blog post that...
Source: malaymail - 🏆 1. / 86 Read more »
Global stocks gain as upbeat Wall Street earnings lift outlook | Malay MailNEW YORK, Oct 26 ― Global stocks rose and Treasury yields dipped yesterday with major Wall Street benchmarks hitting fresh records, buoyed by a robust start to the US corporate earnings season and an improving economic outlook. A large proportion of S&P 500 companies are due to report results...
Source: malaymail - 🏆 1. / 86 Read more »
Global equities edge up on upbeat earnings; gold falls | Malay MailNEW YORK, Oct 27 — Equity markets gained globally yesterday as upbeat corporate earnings buoyed investor appetite for riskier investments, while gold prices fell nearly 1 per cent. The three major US stock indexes closed modestly higher yesterday, with the Dow Industrials and S&P 500 hitting...
Source: malaymail - 🏆 1. / 86 Read more »
Russian hackers behind fresh US cyberattack: Microsoft | New Straits TimesNSTworld The state-backed Russian hacking group that carried out last year's massive SolarWinds cyberattacks is behind a new and ongoing assault against US and European targets, Microsoft said. Russia
Source: NST_Online - 🏆 17. / 53 Read more »
World tourism levels are 'not quite there yet'World tourism surged in July, thanks to vaccination rollouts and fewer travel restrictions, but traveller numbers still fell far short of pre-pandemic levels, the United Nation World Tourism Organisation said.
Source: staronline - 🏆 4. / 75 Read more »