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Cloud boom boosts Google, Microsoft with surge in stocks

The trio add revenue as they sell computing power to other companies on the hunt for low-cost alternatives
Monday, October 26, 2015 - 05:50

While many companies are developing commercial cloud offerings, there are really only two driving enterprise cloud platform innovation at massive scale: Amazon and Microsoft, says Mr Nadella.

San Francisco

AMAZON.COM, Google, and Microsoft all topped profit estimates last quarter, highlighting the widening gulf between companies that deliver computing via server-laden warehouses and a generation of latecomers to the cloud boom.

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