Software giant Microsoft Corporation reported late Tuesday forecast-beating results for its fiscal-year third quarter, and the stock reacted with a move to the upside. The Microsoft Analyst Piper Sandler analyst Brent Bracelin reiterated an Overweight rating and $352 price target for Microsoft shares. The Microsoft Thesis Microsoft’s Cloud segment climbed 32 percent year-over-year to $23 billion in the March…

Commentary A little over a year ago, a global wave of cyberattacks and data breaches rocked the world. After successfully breaching Microsoft Exchange Servers, attackers gained full access to hundreds of thousands of emails, passwords, and sensitive files. A quarter of a million servers fell victim to the attacks, including at least 30,000 organizations in…

SAN FRANCISCO—Microsoft warned some of its Azure cloud computing customers that a flaw discovered by security researchers could have allowed hackers access to their data. In a blog post from its security response team, Microsoft said it had fixed the flaw reported by Palo Alto Networks and it had no evidence malicious hackers had abused…