Microsoft Corporation (NASDAQ:MSFT) is one of the stocks Jim Cramer shared his views on. While discussing the company’s earnings, Cramer highlighted that it “reported a monster top and bottom line beat,” as he said:
“Tonight, we found out the smoke’s coming from Meta and Microsoft… Meanwhile, Microsoft also reported a monster top and bottom line beat with tremendous strength in their Azure cloud infrastructure business, many people think that’s the most important division, where growth accelerated from 35% to 39% in just three months. This is a huge business. That’s incredible. Their AI business is on fire, too. The scale of the sales and earnings beat here were pretty staggering.
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Microsoft (NASDAQ:MSFT) develops software, cloud platforms, business applications, and operating systems for consumers and enterprises. The company also provides devices, gaming products, and digital advertising solutions.
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Disclosure: None. This article is originally published at Insider Monkey.