|Bid||73.090 x 1900|
|Ask||73.100 x 1500|
|Day's Range||72.370 - 73.200|
|52 Week Range||55.610 - 74.420|
|PE Ratio (TTM)||32.27|
|Dividend & Yield||1.56 (2.15%)|
|1y Target Est||N/A|
As Google gets serious about building its own chips for AI, Microsoft is making sure its data centers can keep up.
Microsoft on Tuesday announced a deal with Halliburton to provide machine learning, augmented reality and internet of things technology to the oil and gas industry. Microsoft Corp. (MSFT) and Halliburton Co. (HAL) did not disclose terms of the arrangement in a news release . The Redmond-based company is "not your father's Microsoft anymore," Nemeroff wrote in a research note .
Now that the largest public cloud vendors have reported earnings, including Amazon’s (AMZN) AWS, Microsoft’s (MSFT) Azure, and Google’s (GOOGL) Google Cloud Platform, Macquarie’s Sarah Hindlian and her team take a look at the quarter that was, to see where improvements in the Infrastructure-as-a-Service (“IaaS”/public cloud) market might need to be made, especially as investments in hyper-scale data centers ramp up. Hindlian writes that the cloud momentum continued in the second quarter. Azure, while still just one-third the scale of AWS, recently re-accelerated and is in a hyper growth phase: She puts revenues at an annualized run rate of about $5.2 billion, growing an ‘impressive’ 97% year over year, and writes that “it’s firing on all cylinders.” As for AWS, she writes that the quarter showed that it’s maintaining its leadership position, with an annualized run rate of $16.4 billion, growing 42% year over year.