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Amazon, Microsoft Show Bigger Is Better In Cloud

Bigger cloud computing service providers, led by Amazon Web Services but also including Microsoft (NASDAQ:MSFT) and Salesforce (NYSE:CRM), continue to take market share from smaller rivals, says Goldman Sachs in a report.

Amazon.com (NASDAQ:AMZN) on July 23 posted a surprise Q2 profit as revenue at AWS, its cloud computing infrastructure business, popped 81% to $1.82 billion from the year-earlier period. It was only the second...


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