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Amazon is still the biggest cloud provider. But amid the AI boom, analysts wonder if Microsoft is catching up.
Amazon's 2Q25 beat estimates, up 13% to $167.7 billion. Online store and third-party services grew 11% each and memberships, ...
Amazon.com shares fell about 7 per cent on Friday as the tech giant's results fanned investor fears its cloud unit was ...
Big Tech is spending more than ever on artificial intelligence - but the returns are rising too, and investors are buying in.
Big Tech firms announced increased spending on AI data centers and growing revenues from AI in their earnings reports this ...
Amazon shares closed 8.3% lower, logging their largest daily decline since April 3, and settled at $214.75, erasing gains over the past five weeks. Amazon stock led a sell-off in tech giants on Friday ...
You can learn a lot by watching who the market stops caring about. A year ago, if you whispered the words “Magnificent Seven, ...
CNBC’s MacKenzie Sigalos reports on Amazon’s sharp stock drop despite an earnings beat, as AWS lags behind Microsoft and Google in year-over-year cloud growth.
Don’t count out Amazon. This was not the commerce cloud giant’s week, to be sure. When it comes to the great artificial ...
If there’s any lesson to take from the spending plans issued by the world’s largest technology companies over the past two ...
If there’s any lesson to take from the spending plans issued by the world’s largest technology companies over the past two ...
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