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Technology Stocks : Cloud, edge and decentralized computing

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From: Sam8/10/2020 11:36:30 AM
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Amazon Still Soaring in the Cloud -- Market Talk
DOW JONES & COMPANY, INC. 11:34 AM ET 8/10/2020

Symbol Last Price Change
3129.04 -38.42 (-1.21%)
207.628 -4.852 (-2.28%)
247.58 -4.52 (-1.79%)
1483.3561 -11.1339 (-0.74%)
QUOTES AS OF 11:35:06 AM ET 08/10/2020


11:34 ET - Amazon's(AMZN) cloud leadership has been under attack as rivals, including Microsoft(MSFT), are gunning for its business. The latest figures from Gartner show rivals are making inroads, but only gradually. Amazon(AMZN) ended 2019 with 45% market share in the so called public cloud infrastructure as a service business, down from 47.9% the year prior. Microsoft(MSFT), the No. 2, has seen its share increase to 17.9% from 15.6%. Alibaba(BABA), Google(GOOG), and Tencent round out the top five--all are growing market share year-over-year, but remain, for now, still under 10%. (robert.wall@wsj.com)
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