Actionable news
All posts from Actionable news
Actionable news in MSFT: Microsoft Corporation,

Microsoft Has Been Saved by One Man's Vision

Microsoft (MSFT) seems to have gotten its groove back for good.

For several years now, under the guidance of CEO Satya Nadella, the company has been undergoing a rapid transformation from Silicon Valley laggard to an emerging cloud leader. Its fiscal fourth-quarter results, reported on Thursday, reaffirmed that the transition is in full swing and starting to lift many of its core businesses. Microsoft beat on both its top and bottom line, while Azure revenue increased 97% year-over-year.

Microsoft shares hit a new all-time high right after issuing its report, but shares started to fall back during the earnings call as the...