 Hi guys, this is Rich from RichTVLive and once again, Apple beat earnings, Tesla beat earnings, Microsoft beats earnings, Microsoft stock rises towards more records after Azure, Windows 7, refresh, produce earnings, beat. Let's take a look at Microsoft, bam, up 4% after market, now at $175, Microsoft has been on a tear all year, up from $100, now at $175, up 75% in one year. Let's see why, let's take a look here, Microsoft Corp shares push towards fresh record highs Wednesday afternoon as the death of Windows 7 and continued growth in cloud computing pushed the company to an earnings beat, Microsoft MSFT up 4%, reported fiscal second quarter net income of $11.65 billion or $1.51 a share on sales of $36.9 billion up from earnings of $1.08 a share on revenue of $32.46 billion a year ago, analysts on average expected earnings of $1.32 a share on sales of $35.67 billion according to FACTSET, so they beat by quite a big number here, over $1 billion, Microsoft stock gained more than 2% in after hours trading following the announcement, a gain that moved to more than $4 billion to the company, later detailed a third quarter forecast that also topped the consensus estimate. Shares increased 1.6% in the regular session to $168, yet another all time high for a company that is worth $1.28 trillion at the bell, analysts and investors who sent Microsoft stock up 6.5%, just since the calendar turned to 2020, appeared to be expecting an earnings beat ahead of numbers, we are expecting Nadella and Co to post another solid beat across the board on both the top and bottom line as cloud strength on Azure and Office 365 continued to be the fuel in the tank, with strong fuel checks indicating the company could beat commercial cloud expectations by 3-4%. Wedbush analyst David Eves wrote in a preview earlier this week, Microsoft's rise in recent years has largely been credited to its emerging cloud computing business, Azure, which is challenging amazon.com, Inc's Amazon, dominant Amazon web service offering. In Wednesday's report, Microsoft reported total cloud revenue, which includes Azure as well as other server sales of $11.9 billion up from $9.38 billion a year ago, and said Azure grew by 62%. Analysts on average expected cloud revenue of $11.4 billion, according to fact set. These are big numbers, huge numbers for Microsoft and they continue to climb, once again Apple beat, Microsoft beat, and now Tesla beat. If you're not winning, you're not watching, we're bringing you winners, we're bringing you the first, it's your boy Richard Mirsch to be live, and I'm out, peace.