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Amazon is still the biggest cloud provider. But amid the AI boom, analysts wonder if Microsoft is catching up.
AMAZON.COM on Thursday forecast third-quarter sales above market estimates, but failed to live up to lofty expectations for its Amazon Web Services cloud computing unit after rivals handily beat ...
The S&P 500 dropped 0.37% and closed at 6,339.39 for its third straight losing day, while the Nasdaq Composite inched down ...
Wall Street weighed a tariff reprieve for Mexico, new trade deal with South Korea, and strong earnings from Meta and ...
AWS profit margins also contracted. Amazon said they were 32.9% in the second quarter, compared with 39.5% in this year's ...
Though a small part of Amazon’s total revenue, AWS is a key driver of Amazon’s profits, typically accounting for about 60 per ...
Figma shares surged nearly 158% in their market debut on Thursday, valuing the design software maker at about $50 billion and ...
As Microsoft stock jumps to push the company's valuation over $4 trillion, is a similar boost on the cards for Apple and ...
Microsoft surged past a $4 trillion market cap as Azure revenue soared and AI investments like Copilot, Discovery, and AI ...
Buoyed by consensus-beating second-quarter earnings, Microsoft shares jumped 8% in after-hours trading. The increase in market capitalization was more than $300 billion which, to put it in perspective ...
US tech giant Microsoft saw its market capitalization exceed the $4 trillion threshold in after-hours trading Wednesday as ...
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