Software Powerhouse Microsoft Corp beat Wall Street expectations for quarterly revenue on Tuesday. They have a strong demand for the software giant`s cloud-based services from the pandemic-triggered shift to hybrid work models.
Some companies lost big during the pandemic, but Microsoft profited big from it as individuals and organizations turned to products like Outlook and Teams workplace messaging app. People shifted their behavior as they were working from home during the pandemic.
But it seems like people loved the idea to work from home because after the economies opened up again, people and businesses tend to use a hybrid model of allowing staff to alternatively work from home. And that is strengthening Microsoft`s cloud services, including their flagship cloud offering Azure.
Microsoft reported revenue of $49,36 billion in the third quarter, compared with $41,7 billion a year earlier.
Net income rose to $16,73 billion, or $2,22 per share, in the quarter ended March 31, from $15,46 billion, or $2,03 per share, a year earlier.
«Continued customer commitment to our cloud platform and strong sales execution drove better-than-expected commercial bookings growth of 28% and Microsoft Cloud revenue of $23,4 billion, up 32% YoY,» Chief Financial Officer Amy Hood said in a news release.
For the current quarter, Microsoft expects to generate sales of $52,8 billion, based on the midpoint of its guidance. That matches Wall Street`s target for the June quarter. In the year-earlier period, it posted $46,2 billion in sales.
Microsoft stock fell 3,7% on Tuesday to close at 270,22 amid a broad market sell-off, but in after-hours trading (as I write this article), the stock is up 4,47%. It happened on a day were Nasdaq plummeted 3,7%, while Tesla went down 12,18%. I have been following Microsoft since the 90s, and this is one of the few that survived the dot-com bubble. This company continues to impress.
It is 20 years since the worst terrorist attacks on the United States of America on morning of Tuesday, September 11, 2001. Ordinary people doesn`t buy the official story and believe that the government are hiding the truth.
Let`s take a look at the official story first, and then look at another conspiricy theory.
The Septemmber 11 attacks, often referred to as 9/11, were a series of four coordinated terrorist attacks by the militant Islamist terrorist group al-Qaeda against the United States of America on the morning of Tuesday, September 11, 2001.
On that morning, four commercial airlines traveling from the northeastern United States to California were hijacked mid-flight by 19 al-Qaeda terrorists. The hijackers were organized into three groups of five hijackers and one group of four.
Each group had one hijacker who had received flight training and took over control of the aircraft. Their explicit goal was to crash each plane into a prominent American building, causing mass casualities and partial or complete destruction of the targeted buildings.
The first plane to hit its target was American Airlilnes Flight 11. It was flown into the North Tower of the World Trade Center comples in Lower Manhattan at 08:46 am. Seventeen minutes later at 09:03 am, the World Trade`s Center`s South Tower was hit by United Airlines Flight 175.
Botth 110-story towers collapsed within an hour and forty-two minutes, leading to the collapse of the other World Trade Center structures including 7 World Trade Center, and significantly damaging surrounding buildings.
A third flight, American Airlines Flight 77, flown from Dulles International Airport, was hijacked over Ohio. At 09:37 am, it crashed into the west side of the Pentagon in Arlington County, Virginia, causing a partial collapse of the building`s side.
The fourth, and final flight, United Airlines Flight 93, was flown in the direction of Washington, D.C. This flight was the only plane not to hit its intended target, instead crashing in a field near Shanksville, Pennesylvania at 10:03 am.
The plane`s passengers attempted to regain control of the aircraft away from the hijackers and ultimately diverted the flight from its intended target. Investigators determined that Flight 93`s target was either the White House or the U.S Capitol.
This is the reason why so many speek about Flight 93 and the hero`s on that plane.
The attacks resulted in 2,977 fatalities, over 25,000 injuries, and substantial long-term health consequences, in addition to at least $10 billion in infrastructure and property damage. It remains the deadliest terrorist attack in human history and the single deadliest incident for firefighters and law enforcement officers in the history of the United States, with 340 and 72 killed, respcetively.
The destruction of the World Trade Center and nearby infrastructure seriously harmed the economy of New York City and creataed a global economic recession. Many countries strengthened their anti-terrorism legislation and expanded the powers of law enforcement and intelligence agencies to prevent terrorist attacks.
The U.S and Canadian civilian airspaces were closed until September 13, while Wall Street trading was closed until September 17. Many closings, evacuations, and cancellations followed, out of respect or fear of further attacks.
They said Bin Laden orchestrated the attacks. He initially denied involvment, but later raecanted his false statements. Al Jazeera broadcast a statment by him on September 16, 2001: «I stress that I have not carried out this act, which appeaars to have been carried out by individuals with their own motivation.»
In November 2001, U.S forces recovered a videotape from a destroyed house in Jalalabad, Afghanistan. In the video, bin Laden is seen talking to Khaled al-Harbi and admits foreknowledge of the attacks. On December 27, 2001, a second bin Laden video was released. In the video he said:
«It has become clear that the West in general and America in particular have an unspeakable hatred for Islam…. It is the hatred of crusaders. Terrorism against America deserves to be praised because it was a response to injustice, aimed at forcing America to stop its support for Israel, which kill our people…..
We say that the end of the United States is imminent, whether Bin Laden or his followers are alive or dead, for the awakening of the Muslim ummah (nation) has occurred…. It is important to hit the economy (of the U.S), which is the base of its military power…. if the economy is hit they will become reoccupied». – Osama bin Laden.
It must be something wrong here, because in my recent article, I wrote about Afghanistan. Right after the Soviet invation, the US President Jimmy Carter said that the Soviet can now control much of the world`s oil supply, and that was a big threat to peace.
The U.S supported Mujahideen with money and weapons, and US National Security Advisor Zbigniew Brezezinski appeared to Afghanistan`s religion pride in 1980 when he visited Pakistan. One day, he said; «you will take your country back because God is on your side.»
Mujahideen, or mujahidin, is the plural form of mujahid, an Arabic term that broadly refers to Islamic guerrillas who engage in jihad, interpreted by some Muslims as the fight of behalf of God, religion or the community.
You see? The US supported Mujahideen on the right side, and they both went to war against the communists that took control in Kabul together with the communists from Soviet on the same team.
The communists on the left side doesn`t believe in God. Nor do they like any religion at all. Just take a look at the communists in China. They send all the Muslims in «training camps.»
Author David Icke has a different story, and he claim he knows the truth in his book «The trigger.» The lie that changed the world. He claim that he know who really did it and why they did it.
He believes that with freedom being deleted by the day that someone has to have the courage to call out those transforming human society into a global prison camp in which only the «right» opinion and iformation are allowed.
It is a fat book and I spent most of my time reading it this summer, and the central theme of this book «the trigger» is what happened on 9/11 and the force that was really behind those attacks. No, it`s not 19 «islamic extremists» who somehow flew big commercial jets with fantastic skill while being dubbed incompetent by flying instructors in one-enigne «puddle-jumpers».
«The trigger» , however is not only about 9/11. In exposing the network that orchestrated and covered-up the horrific attakcs, Icke reveals the force that is dictating your life in increasingly fine detail and leading the world along a dark and dangerous road to total Orwellian global control.
Let me put it this way: 9/11 was an attack on the democracy. They attacked WTC, but flight 93 saved the White House. Right after that the Intel started a war on terror. But the war on terror was a war on ordinary people. This is why some people believe it was an inside job.
The same happened on January 6th this year. People stormed Capitol Hill, and that was also an attack on the democracy. We all know that the police in D.C helped people to storm the Capitol. Some of the people who stormed the Capitol was former military personel.
Right after they stormed Capitol Hill, they started a war on ordinary people. Again. They say it is a war on terror, but the war on terror is a war on ordinary people.
9/11 is still an open case and the whole world is waiting for the truth.
A lot of people started the year talking about a recession, but 2019 was a big sucess. A great bull market and a big surprise for many. President Trump have played a huge part in it by cutting tax and regulations and that`s what Wall Street like.
Only a few trading sessions are left of this Wall Street record year. It has been an unbelievable year for stocks! Recession will come one day but the bull market will continue until it stops.