Bloomberg reported on the approach of Microsoft shares to a historic high

The largest American corporation of computer software developers, Microsoft, has approached a historic high, overcoming a period of recession, thanks to the restoration of the Azure cloud platform. This was reported by Bloomberg on May 29.

"After several months of lull, Microsoft Corp. shares They returned within touching distance of an all—time high amid signs that productivity in its Azure cloud computing business has returned to the right level," the agency noted.

Microsoft shares are about 1.5% behind the record they reached in July last year. The period of steady asset price growth was driven by a broader recovery in U.S. stocks, as well as strong Azure performance. According to agency sources, Azure shares will continue to grow as artificial intelligence drives more business.

"AI is becoming an increasingly important component of these revenues," said Nancy Tengler, chief executive officer of Laffer Tengler Investments.

According to the agency, Microsoft's 9% growth this year surpassed that of the so-called "Magnificent Seven" technology giants, which include Apple Inc., Nvidia Corp., Alphabet Inc., Amazon.com Inc., Meta Platforms Inc. and Tesla Inc.

"With a 30-fold profit forecast for the next 12 months, Microsoft is valued at a premium to the Nasdaq 100 index and its own 10—year average, which are about 26 times higher," Bloomberg sources said.

Brand restraints: Intel and Microsoft have registered trademarks in the Russian Federation

Which major Western players have taken similar steps and are there any prospects for their return

Earlier, on April 30, the largest American developers and manufacturers of electronic devices, computers and components Intel and Microsoft registered trademarks in Russia. Under this brand, the corporation is going to sell more than 30 items of equipment in our country. The term of validity of the exclusive trademark right, according to the document on the Rospatent website, is until 2034.