The Message From Amazon And Microsoft: The Cloud Rules

April 25, 2015 1:59 AM

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Shares of Amazon.com Amazon.com and Microsoft Microsoft soared Friday as investors digested surprisingly vibrant profits and prospects from their cloud operations.

In fact, were it not for Amazon, up 14.1% to a record $445.10, and Microsoft, up 10.5% to $47.87, the major averages probably would have turned in losses for the day.

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