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Amazon’s stock price had already been dropping in after-hours trading on Thursday despite better-than-expected results when Morgan Stanley analyst Brian Nowak prefaced his questions on an earnings ...
We have a meaningfully larger business in the AWS segment than others,” CEO Andy Jassy said during the company’s Q2 2025 ...
Amazon Web Services (AWS) has achieved an annualized revenue run rate of more than $123 billion, CEO Andy Jassy revealed in ...
Slowdown in Amazon's cloud business, Amazon Web Services (AWS), is not a lack of demand, but a capacity issue, said CEO Andy ...
AWS growth is under scrutiny after Amazon CEO Andy Jassy's earnings call failed to reassure investors. Brad Erickson, RBC ...
Amazon boss blames chips and power for lagging GenAI performance Amazon supremo Andy Jassy does not appear to be sweating over whether his outfit can keep pace with Microsoft and other AI-obsessed ...
Amazon CEO Andy Jassy said that there was still "more demand than we have supply for" at the moment for its massive cloud-computing segment. He said that in the next 10 to 15 years, more IT spending ...
Amazon cut at least hundreds of jobs in its Amazon Web Services cloud computing unit on Thursday, two sources said, just a month after CEO Andy Jassy warned that adoption of generative AI tools would ...
Regardless of who was cut, we're told AWS gave workers no warning. A former employee described the process as "cold and soulless" as it involved just an unheralded email announcing their position had ...
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