The contract is for Microsoft's cloud computing services but could face further competition from Amazon according to Bloomberg.
Microsoft is set for a record opening on Monday, after securing a contract with the Pentagon, worth $10 billion for its cloud computing services. The tech giant was trading at 4.1% earlier on Monday in pre-market, which according to Bloomberg would mean a record opening. The contract, however, is likely to come at a high legal and technical cost for Microsoft, and could yet face competition from Amazon. View Business Insider's homepage for more stories.
Microsoft is set for a record opening on Monday, after securing a contract with the Pentagon, worth $10 billion for its cloud computing services. The tech giant was trading at 4.1% earlier on Monday in pre-market, which according to Bloomberg would mean a record opening. The contract, however, is likely to come at a high legal and technical cost for Microsoft, and could yet face competition from Amazon. View Business Insider's homepage for more stories.
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