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Cloud Giants Can’t Keep Making Rain

Amazon Microsoft and Google-parent Alphabet which operate the three largest public cloud services, all reported solid, double-digit growth in revenue from their cloud segments for the June quarter on a year-over-year basis. Amazon, Microsoft and Alphabet shares averaged a gain of more than 8% the day after their results were announced. Read More...

Amazon Microsoft and Google-parent Alphabet which operate the three largest public cloud services, all reported solid, double-digit growth in revenue from their cloud segments for the June quarter on a year-over-year basis. Amazon, Microsoft and Alphabet shares averaged a gain of more than 8% the day after their results were announced.

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