While Amazon () is down after hours on an , the company's cloud computing business lived up to forecasts and extended its lead over Microsoft Corp. () Azure and Alphabet Inc. () Google Cloud Platform.
Jeff Bezos said in a press release that Amazon Web Services introduced more than 400 new features and services in recent months, as second-quarter sales for the cloud business rose 42% to $4.1 billion.
Shares of Amazon.com Inc. dropped 3.2% to $1012.49 after hours, because earnings of 40 cents per share came in well below forecasts of $1.42 per...
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