UPDATE 1-Microsoft profit beats on strong cloud demand (MSFT, AMZN, IBM)

(Adds details, shares) July 20 (Reuters) – Microsoft Corp reported a better-than-expected quarterly profit and revenue, helped by a strong performance in its fast-growing cloud business. The company’s shares rose as much as 1.5 percent in trading after the bell on Thursday. They had touched a record high of $74.30 in regular trading. Microsoft said […]