Billionaire Bill Gates Has 68% of His Foundation's $48 billion Portfolio Invested in 3 Remarkable Stocks
Indeed, Microsoft sports a massive backlog of remaining performance obligations for its cloud business. While that figure includes its cloud-based enterprise software solution, Microsoft 365, growing demand from AI developers for computational power has been the segment's key growth driver. But the enterprise software business remains a key component of the business, too, providing huge amounts of cash flow and stable demand, and supporting Microsoft's massive investments in new data centers. The company pl ...