Tyler is on assignment tonigh we begin with a surprise from micros the Worlds Largest software compan rep stronger than expe earnings. A large part of that is due to gains in its cloud compu unit which helps businesses store their data on the intern revenu grew 3 from last year to more than 22 billion. And investors liked what they saw, sending shares initially to an alltime hi in after ho jo lipton has the one key takeaw on microsofts quarter. Rep 6. 4 billion. That w a big number in micross report. And it refers the companys revee in its socalled intet clo division. That resul was better than the stre expected. With that division, all eyes were on azure. Rememb, thats microsofts Cloud Platform which competes with amazons cloud business. And rbcs Ross Macmillan points out that azures revenue grew 121 percent. Macmiln saying that cloud grow is better than the street the profitabili of that busine, he notes, is improving faster than expected. Thats all good news for micrt bulls. For nig
Tyler is on assignment tonigh we begin with a surprise from micros the Worlds Largest software compan rep stronger than expe earnings. A large part of that is due to gains in its cloud compu unit which helps businesses store their data on the intern revenu grew 3 from last year to more than 22 billion. And investors liked what they saw, sending shares initially to an alltime hi in after ho jo lipton has the one key takeaw on microsofts quarter. Rep 6. 4 billion. That w a big number in micross report. And it refers the companys revee in its socalled intet clo division. That resul was better than the stre expected. With that division, all eyes were on azure. Rememb, thats microsofts Cloud Platform which competes with amazons cloud business. And rbcs Ross Macmillan points out that azures revenue grew 121 percent. Macmiln saying that cloud grow is better than the street the profitabili of that busine, he notes, is improving faster than expected. Thats all good news for micrt bulls. For nig
A share. 113 here. Can it keep marching higher . Well take a closer look coming up. Nba commissioner adam silver shocking and i do mean shocking the sports world in support of gambling. Joe torre joins us with his thoughts later on in the program. Looking forward to that, tyler. I think some of the guys might be able to stick around for it. Thats next hour w. An hour to go, heres the dow off 34 points. S p giving up about 2. Nasdaq slightly positive. Apples performance, of course, is helping today. And joining us, sal caltrinni, christine short and rick santelli. Welcome one and all. Sal, lets begin with you. Sure. You sound like a lone voice out there insofar as you think energy could be a good play right now at this these prices. Why and energy is a big broad sector. Why specifically . I speak to pms and the smart ones, many underperforming and looking for some way without taking too much risk into the end of the year for a catchup trade and basically if you look at this year whether
The major U.S. stock indexes fell on Thursday on concern about the global economic comeback from Covid-19. The losses came as Japan declared a state of