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Amazon Cloud Biz Grows 18% in 2Q, Behind Rivals Like Microsoft
Amazon (AMZN.US) reported an 18% increase in its cloud business revenue for 2Q, reaching US$30.9 billion, slightly above the market expectation of US$30.8 billion. This segment mad...
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Amazon (AMZN.US)      reported an 18% increase in its cloud business revenue for 2Q, reaching US$30.9 billion, slightly above the market expectation of US$30.8 billion. This segment made up 18% of Amazon's total revenue.

Alphabet (GOOG.US)      earlier announced its cloud computing business revenue of US$13.62 billion, marking a 32% YoY increase. Meanwhile, Microsoft (MSFT.US)      disclosed for the first time that its Azure and other cloud services revenue exceeded US$75 billion, with a QoQ growth of 39%.
(Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

Related NewsContinuing Jobless Claims for Jul/19 in United States is 1,946K, unchanged from its last period. The forecast was 1,960K.

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