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 ...

Microsoft surged past a $4 trillion market cap as Azure revenue soared and AI investments like Copilot, Discovery, and AI ...

Dow Jones futures rose early Thursday, along with S&P 500 futures and especially Nasdaq futures, after the stock market ...

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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Shares in the software giant rose 7.3 percent to $551 in after-hours trading as investors anticipate greater artificial ...