News

Amazon Web Services profits squeezed as AI arms race drives spending surge
An increase in Amazon Web Services spending cut into the cloud giant’s profits in the second quarter as AWS raced to meet ...
Why is Microsoft soaring while Amazon sinks? AI growing pains
Amazon is still the biggest cloud provider. But amid the AI boom, analysts wonder if Microsoft is catching up.
Amazon Is Sinking Today -- Is the Stock a Buy Right Now?
Now, it’s worth noting Stock Advisor’s total average return is 1,036% — a market-crushing outperformance compared to 181 % ...
Why Amazon Stock Is Plummeting Today
Now, it’s worth noting Stock Advisor’s total average return is 1,036% — a market-crushing outperformance compared to 181 % ...
Amazon Stock Hit On AWS: Analysts Brush Off Growth Concerns, 'Buyers Of AMZN On Weakness'
Amazon analysts raise price targets and highlight the long-term outlook as investors are cautious over AWS lower growth.
Amazon: Thanks For This Dip
Amazon.com, Inc.'s post-earnings dip is an overreaction. AWS remains a leader with $10B profits and 30% market share. Click ...
Amazon slashing hundreds of jobs at AWS cloud unit — month after CEO says AI will spur layoffs: report
Amazon joined a growing list of firms, including Microsoft, Meta, and CrowdStrike in announcing layoffs this year.
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AWS achieves $123bn annualized revenue run rate, capex for the year set to exceed $118bn
Amazon Web Services (AWS) has achieved an annualized revenue run rate of more than $123 billion, CEO Andy Jassy revealed in ...