Shares of computing giant Microsoft (NASDAQ:MSFT) are on the rise today as the company announced a cloud partnership with rival Oracle (NYSE:ORCL). Currently, MSFT stock is up 1.5% and trading for $125.02 USD.
The alliance will see the two companies directly connect their clouds, meaning users can move their data seamlessly between the two. According to Tech Crunch, “This alliance goes a bit beyond just basic direct connectivity and also includes identity interoperability.”
MSFT Stock Climbs on Oracle Cloud AllianceThe alliance has come as a bit of a surprise considering both clouds are ...
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