Author Archives: Scalper1

Amazon, Microsoft Tighten Grip On Cloud Market

For the third consecutive quarter, the three biggest cloud computing vendors gained market share, while smaller vendors lost share, investment bank Goldman Sachs said in a report Thursday. Amazon.com’s (AMZN) Amazon Web Services continued to hold a massive lead in the third quarter with 36.9% share, up from 33.9% in Q2. Microsoft (MSFT) came in second with 8.7% market share in Q3, up from 6.8% in Q2. Salesforce.com (CRM) was third with 4.7%

Top Stock Universal Boosts Property Insurance Group

The property and casualty insurance group showed strength Friday, ending flat despite declines of 1% to 1.5% for the major averages. The 83-stock group was ranked No. 21 out of 197 on Friday, up nine spots over the past six weeks. It’s risen about 10% this year despite a slight decline for the S&P 500. At least 18 of 83 stocks in the group have Composite Ratings of 90 or higher. Florida-based Universal Insurance Holdings (UVE) leads the group