After dramatic Nasdaq blood-letting overnight, the reassuring statement from Microsoft Corporation (NASDAQ:MSFT) on continued demand for cloud computing services, "will be heard around the world" and calm Wall Street nerves, according to one impressed analyst. Revenue for the tech titan's third quarter was reported at US$49.4bn, up 21% on a year ago, with sales from the Intelligent Cloud arm jumping 26% to US$19.1bn.