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The post What Wall Street Expects from The Q3 Cloud and Infrastructure Scorecard: Microsoft Vs. Amazon appeared first on 24/7 Wall St..
Microsoft (NASDAQ:MSFT) and Amazon (NASDAQ:AMZN) run the two biggest public clouds, and both clouds grew faster last quarter. Azure grew 43% in Microsoft’s fiscal fourth quarter. AWS grew 37%, its fastest pace in 18 quarters. Both report their September quarters soon, and Wall Street wants proof that record AI spending is still turning into revenue.
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