Cloud computing growth is the new benchmark
Microsoft (US:MSFT), Amazon (US:AMZN) and Alphabet (US:GOOGL) may be the market’s darlings, but right now the only thing investors really care about is their cloud computing performance. Microsoft and Alphabet both reported their recent third-quarter results on the same day, and both beat consensus earnings expectations. However, Microsoft’s share price rose 4 per cent and Alphabet’s fell 9 per cent. The […]
