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Amazon dips after cloud growth disappoints investors
Amazon.com shares fell 4% on Friday after the technology heavyweight's quarterly cloud computing revenue growth disappointed investors waiting for a bigger payoff from heavy spending on AI.
Amazon’s quarterly profits soar to a record $20 billion, but cloud growth comes up short
Amazon's beat Wall Street's overall expectations with $187.8 billion in net sales, up 10%, and came in well ahead on the bottom line, with earnings of $1.86 per share, vs. expectations of $1.48 for the fourth quarter.
Amazon fourth-quarter cloud revenue falls just shy of Wall Street estimates
All three of the top companies providing cloud-based computing and storage delivered less fourth-quarter revenue from this category than expected.
Amazon shares drop as cloud growth, sales forecast lag
Amazon.com investors drove shares down sharply on Thursday due to weakness in the retailer's cloud computing unit and lower-than-expected forecasts for first-quarter revenue and profit.
6h
Top Cloud Storage Providers in 2025
Interested in learning about the best cloud storage providers? We’ve narrowed down our top picks so you can decide which ...
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on MSN
Amazon wants to rent you a 32-core virtual workstation in the cloud for $4.40 per hour and yes, you'd still need to have a thin client to access it
The company says these new instances will provide its customers with powerful cloud desktops for resource-intensive Windows ...
2d
Amazon's cloud business faces crucial test after rivals Microsoft, Google stumble
The pressure is on Amazon.com to deliver on lofty expectations for cloud computing in its fourth-quarter results on Thursday, ...
The Next Platform
11h
Amazon Will Spend Nearly A Year Of AWS Revenue On AI Investments
There is a bit of AI spending one-upmanship going on among the hyperscalers and cloud builders – and now the foundation model ...
Network World
13h
AWS plans to outspend Microsoft and Google on on AI infrastructure
Amazon’s CEO plans to invest more than $100 billion this year, mostly in AI infrastructure — but could face challenges buying ...
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