Amazon.com Inc. shares have largely climbed on the back of two trends: strength in its cloud business and a focus on costs.
The company’s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors.
AWS has not been able to match the growth of Amazon’s competitors, with Microsoft Corp.’s Azure and Alphabet Inc.’s Google ...
Amazon CEO Andy Jassy said Thursday the e-commerce giant was on track to invest more than $100 billion on cloud computing and ...
By Greg Bensinger, Deborah Mary Sophia (Reuters) -Amazon.com investors drove shares down sharply on Thursday due to weakness ...
VG Sundar Ram from AWS speaks to CNBC-TV18 about the importance of robust governance in cloud adoption to enhance operational ...
Alibaba Group Holding's cloud-computing services unit on Monday made available DeepSeek's artificial intelligence (AI) models ...
Overall revenue for Amazon's latest quarter came in at $187.8 billion, while the FactSet consensus was for $187.3 billion. The company saw a 10% boost in North America sales, to $115.6 billion, and an ...
Amazon's cloud computing arm, Amazon Web Services, reported fourth-quarter revenue of $28.7bn (£23.1bn), just below Wall ...
Amazon shares slipped in after-hours trading yesterday as investors re-evaluated the company's spending on AI.
NEW YORK – Amazon.com Inc. warned investors that it could face capacity constraints in its cloud computing division despite ...
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