Will Cloud Results Boost Microsoft and Amazon?

From Nasdaq: 2024-07-29 19:31:00

The 2024 Q2 earnings season is in full swing as major companies like Microsoft (MSFT) and Amazon (AMZN) prepare to report. Alphabet (GOOGL) already posted 31% EPS growth and 14% higher sales. Microsoft surprised with 23% cloud revenue growth, exceeding expectations. Amazon expects 17.2% Y/Y cloud revenue growth with EPS up 63%. Expectations are high for these tech giants.



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