Azure Delivers Booming 3Q as Premium Services Take Center Stage; Raising FVE to $77
On the surface, Microsoft’s third-quarter headline numbers fell in line to modestly ahead of our expectations. However, we think investors should key in on impressive growth figures from Microsoft’s leading cloud franchises while paying little mind to undulations in hardware. We think Microsoft’s cloud roadmap continues to strengthen for existing and new customers alike, and we are retaining our wide moat rating. After incorporating meaningfully higher commercial cloud growth expectations and a ...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
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