17.04.2020 MSFT Daily Analysis

17.04.2020 MSFT Daily Analysis

MSFT is trading at $177.04 (+3.00%) because of its focus on the cloud (Azure cloud-computing business) and its focus on cybersecurity. Zoom has been under fire because of cybersecurity issues and MSFT`s stock is going up because businesses want secure video conferencing during this time when they are working from home. CEO of cybersecurity firm Herjavec Group said his company has recently been reviewing MSFT`s Teams to ensure the user’s security as they work from home. MSFT has been focusing on cloud computing services, putting money and other resources in their latest acquisition Azure cloud-computing business. MSFT will be able to acquire revenue from cloud subscriptions because in the past recessions, users would choose not to upgrade to a new version of Office to avoid the expense, which deprived them of this revenue. However, this time, customers will maintain their subscriptions to avoid changes in the workflow since they have to work from home.