Amazon (AMZN) and Microsoft (MSFT) Stock: What the New Multicloud Deal Means for Investors

NewsTue, 01 Sep 2026 09:04:16 UTC2 hours ago
Amazon (AMZN) and Microsoft (MSFT) Stock: What the New Multicloud Deal Means for Investors

TLDR

  • AWS and Microsoft Azure have launched direct, private, high-speed connectivity between their two cloud platforms.
  • Customers can set up multicloud connections in minutes through a point-and-click workflow, replacing a process that previously took weeks.
  • The link uses MACsec encryption and a quad-redundant architecture for security and uptime.
  • Azure joins Google Cloud and Oracle Cloud as providers already connected through AWS Interconnect โ€“ multicloud.
  • Wall Street rates both AMZN and MSFT as Strong Buy, with Amazon carrying a price target of $334.05 and Microsoft at $564.49.

Amazon and Microsoft have quietly done something that enterprise IT teams have been asking for: they made it genuinely easy to connect workloads running across AWS and Azure.

The two companies have launched Azure Multicloud Interconnect for AWS, a direct private link between the two largest cloud platforms. AWS stock fell 2.50% and Microsoft dropped 1.22% on the day of the announcement.



Microsoft Corporation, MSFT

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