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Cloud revenue, a metric that is closely watched by investors, jumped 30% to $4.6 billion in the period ended Aug. 31. Of that, $1.5 billion came from renting computing power and storage over the internet and $3.1 billion from applications.

United statesNew yorkSafra catzAngelo zinoTyler radkeLarry ellisonAlphabet incMicrosoft corpCitigroup incOracle corpChairman larry ellisonExecutive officer safra catzBiggest drop since marchWorld newsCloud sales