Investors were worried AWS was falling behind in AI. A new growth trajectory has restored confidence in Amazon’s cloud ...
Alibaba Group (NYSE: BABA) is often considered the "Amazon (NASDAQ: AMZN) of China." It's the largest e-commerce and cloud ...
Amazon announced earnings per share of $1.95, exceeding the expected $1.57—a 25% surprise that caught Wall Street completely ...
Amazon shares surged more than 11% in early trading on Friday after strong growth at its cloud unit and a bullish sales ...
Investors were likely pleased with a re-acceleration in Amazon's closely watched cloud computing unit, which reported $33 ...
AWS revenue climbed 20% from a year earlier to $33.01 billion, as customers continued spending on AI-related workloads.
Amazon's third-quarter earnings surpassed Wall Street expectations and delivered the cloud-computing acceleration that ...
If you are wondering whether the surge in tech and AI stocks represents real growth or just another stock market bubble, ...
Amazon founder Jeff Bezos said years ago, "Your margin is my opportunity." Bezos' famous five words underscore another key ...
On Tuesday, Amazon laid off 14,000 employees in an effort to improve operations by removing layers of bureaucracy, according ...
“While Anthropic, the company behind the Claude AI chatbot, reiterated its commitment to Amazon, we see this move with Google ...
Amazon will report earnings after the closing bell on Thursday. Analysts want updates on AI progress, AWS, and retail margins ...
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