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Microsoft spikes to record high after nabbing $10B Pentagon contract
Microsoft shares touched a record high Monday after the tech giant was awarded a Pentagon cloud-computing contract worth up to $10 billion.
Shares rallied as much as 3.5 percent to a high of $145.67 apiece before paring their gains.
"This contract will address critical and urgent unmet warfighter requirements for modern cloud infrastructure at all three classification levels delivered out to the tactical edge," the (...)