Amazon's New Cloud Deal with Verizon Signals a Bigger Trend

Just about every week now brings with it at least one announcement from a major enterprise or Internet services firm that it plans to move a ton of workloads previously running on its own servers to (AMZN) , Microsoft (MSFT) or Alphabet/Google's (GOOGL) public cloud platform.

Don't expect the announcements to become less frequent anytime soon. If anything, their pace could accelerate in the coming months as businesses conclude that the benefits of moving workloads to the cloud go well beyond potential cost savings and fewer operational headaches. And Amazon, thanks to its various competitive strengths, is well-positioned to capture a lion share of these announcements compared to its peers....870 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

Read the full story and get access to the Real Money Pro trading floor.

There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.

Already a Subscriber? Please login.

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data & Company fundamental data provided by FactSet. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by FactSet Digital Solutions Group.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

FactSet calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.