Microsoft is a core holding in O’Leary’s O’Shares Global Internet Giants ETF (NYSEArca: OGIG), which targets a rules-based index that is designed to give investors exposure to securities exhibiting quality and growth characteristics within the internet sector. In addition to the gaming landscape, Microsoft is also making headway with its commercial cloud business.
“Our commercial cloud business surpassed more than $23 billion in revenue for the year with gross margin expanding to 57%,” said Microsoft CEO Satya Nadella. “The strength of our results reflects accelerating innovation and the trust customers are placing in us to power their digital transformation.”
Shares of Microsoft were up 1.79% at the close of Friday’s trading session and 23.6% higher year-to-date.
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