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Eagle Capital Management, in its Q2 2026 letter to investors, noted that Amazon's AWS business is growing faster than expected and will expand further, but the deteriorating industry structure could pressure returns.
The investment management firm stated that Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform are high-margin businesses with strong growth momentum, profit margins, and returns on
-
Eagle Capital Management, in its Q2 2026 letter to investors, noted that Amazon's AWS business is growing faster than expected and will expand further, but the deteriorating industry structure could pressure returns.
The investment management firm stated that Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform are high-margin businesses with strong growth momentum, profit margins, and returns on
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Google Cloud Platform
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