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Shares Of The Microsoft Corp. Closed At A Record High; Expanding Its Secure Score Service

Microsoft’s stock closes at record as security moves seek to shake up cloudscape.

Microsoft in its Ignite Conference in Orlando, revealed that it was applying its Authenticator application across Azure to get rid of login passwords and growing the Secure Score benefits and services over its cloud to give users feedback options to prevent any breaches.

As the shares of the Microsoft Corp. closed at a record high the tech giant has now taken into consideration the expansion on its profile as a secure cloud vendor on Monday, utilizing its yearly IT conference to make public a few security activities and initiatives intended to target few enterprises to its Azure public cloud platform and far from rivals such as Amazon.com Inc.  and Alphabet Inc.

As far back as the announcement by Chief Executive Satya Nadella in November 2015 is concerned it was decided that Microsoft would invest $1 billion a year in the security research and development, the stock's price has indeed billowed about 116%, making it the best performing tech stock on the Dow over that period, with Apple Inc. AAPL, - 0.45% up 91% and Cisco Systems Inc. CSCO, +0.33% up 81%.

While Amazon.com Inc. AMZN, +0.41% are as yet the predominant public cloud player by far with the Amazon Web Services, Microsoft's Azure has relentlessly been wearing down AWS as one of the fastest-growing public cloud providers. In its last earnings increase.

Microsoft shares finishes 0.4% at $114.67, a record close for a third session in succession, while the Dow Jones Industrial Average DJIA, - 0.68% declined 0.7%, the S&P 500 index SPX, - 0.35% slipped 0.4%, and the tech-heavy Nasdaq Composite Index COMP, +0.08% completed under 0.1%.

These announcements though come about a week after Microsoft launched a shot targeting the opponents in another region, exhibiting an AI variant of its Dynamics 365 customer relationship management
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