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Amazon shares slide as cloud growth falls behind Microsoft and Google
Amazon shares, which declined in extended trading after the earnings report, slid further during an earnings call with CEO Andy Jassy.
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cnbc.com
Microsoft stock pops 8% on earnings beat as Azure annual revenue tops $75 billion
For the first time, Microsoft disclosed a dollar figure for its Azure cloud business.
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Amazon's cloud business records 18% growth in second quarter
Amazon announced new business from the likes of PepsiCo during the second quarter, as revenue topped $30 billion.
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scmp.com
Amazon shares slide as cloud growth falls behind Microsoft and Google
Amazon shares, which declined in extended trading after the earnings report, slid further during an earnings call with CEO Andy Jassy.
- ·
Amazon stock sinks 7% after earnings: Here are the key takeaways
Revenue expansion in Amazon Web Services underwhelmed investors, who probed Amazon CEO Andy Jassy on why its cloud rivals are growing at faster rates.