News

Amazon's cloud business records 18% growth in second quarter
Amazon announced new business from the likes of PepsiCo during the second quarter, as revenue topped $30 billion.
Why Amazon Stock Is Plummeting Today
Amazon's Q2 earnings report revealed the company beat consensus estimates for both earnings per share and revenue. The ...
Amazon’s profit outlook overshadowed by cloud computing results
The tech giant expects total net sales to be between $174.0 billion and $179.5 billion in the third quarter, compared with ...
Amazon Post-Earnings Decline 'Totally Wrong,' Says Analyst As CEO Points Out AWS Has 'More Demand Than We Have Capacity'
Slowdown in Amazon's cloud business, Amazon Web Services (AWS), is not a lack of demand, but a capacity issue, said CEO Andy ...
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 ...
Amazon’s AI Revolution Leaves Some AWS Workers Behind
Reports indicate that perhaps late last week hundreds of AWS employees were laid off with marketing and outreach roles being ...
Amazon “Cannot Wait To Get Started On 007’s Next Adventure” Says CEO Andy Jassy
James Bond is in the hands of one of today’s greatest filmmakers,” Amazon CEO Andy Jassy said Thursday, singling out news of ...
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Amazon Web Services (AWS) Launches HealthScribe, A Generative AI ...
On Wednesday, Amazon Web Services (AWS) announced the launch of HealthScribe, deepening its commitment to augmenting healthcare delivery and innovating cutting-edge industry solutions.
Avanse Financial Services And Amazon Web Services Collaborate To Provide Technology Skills To Indian Youth
Avanse partners with AWS to offer skill-building courses and financial support, aiming to make technology education more accessible in India and enhance employability for students, particularly from ...