Microsoft Earnings Beat With Commercial Cloud Revenue Soaring 53%

Software giant Microsoft smashed analysts expectations for its June quarter earnings report Thursday after the close. Cloud offerings Azure infrastructure services, Office 365 productivity software and Dynamics enterprise software all were ahead of forecasts. 

While Stocks Crashed AWS Cloud Revenue Drove Amazon To Another Record High

With the Dow Jones and Nasdaq crashing Amazon.com $AMZN stayed positive after another blow out quarter which sent the stock to a new high. Cloud division AWS continues to dominate and the Whole Foods intergration has not been the albatros predicted by many.