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Amazon.com shares dropped nearly 8% before the bell on Friday, after growth in its cloud computing unit failed to impress ...
Amazon's stock sank on Thursday afternoon, weighed down by mixed guidance and AI competition, though the company beat Q2 ...
Amazon topped Wall Street expectations with its third-quarter 2024 revenue, but the company's stock fell about 7% in ...
We believe Amazon is financially sound. Revenue is growing rapidly, margins are expanding, the company has unrivaled scale, and the balance sheet is in great shape. In our view, the marketplace will ...
The CMA determined that "competition is not working well" and has shared recommendations to solve the situation. An independent CMA panel found the cloud services market to be “highly concentrated,” ...
Investors had big expectations for Amazon, and in particular the company's AWS cloud unit, following strong results from Microsoft (NASDAQ: MSFT). Amazon revenue and earnings were up 13% and 33%, ...
A notable nugget for data platform watchers is with Azure Databricks and Snowflake on Azure both accelerating, Microsoft is ...
Microsoft finally reveals a pure revenue number for its Azure cloud computing business. Here's how that compares with AWS.
Amazon Web Services is aiming to leverage its clout in the cloud for an AI advantage. (GeekWire File Photo) An increase in Amazon Web Services spending ...
AWS represents a small part of Amazon’s total revenue, but it is a key driver of profits, typically accounting for about 60% ...
Live Updates Live Coverage Has Ended Amazon's Conference Call Has Ended - Shares Now Down 7% 6:03 pm It’s an absolute bloodbath for Amazon after hours. Shares are down 7%. Overall, Amazon’s ...
Stock dips despite solid results. Discover why long-term prospects remain strong with robust retail, cloud, AI & a 15.2% CAGR ...