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Amazon is still the biggest cloud provider. But amid the AI boom, analysts wonder if Microsoft is catching up.
Amazon Web Services is aiming to leverage its clout in the cloud for an AI advantage. (GeekWire File Photo) An increase in ...
Amazon announced new business from the likes of PepsiCo during the second quarter, as revenue topped $30 billion.
Amazon.com shares AMZN.O fell 7% on Friday as the tech giant's results fanned investor fears its cloud unit was falling ...
Amazon.com failed to live up to lofty expectations for its Amazon Web Services cloud computing unit after rivals handily beat ...
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...
The tech giant expects total net sales to be between $174.0 billion and $179.5 billion in the third quarter, compared with ...
Amazon CEO Andy Jassy tried to calm concern about AI cloud competition. Wall Street isn't buying it.
On an earnings conference call, analysts asked tough questions about cloud growth and AI rivals. Jassy's answers didn't quell ...
Amazon beat estimates for its second quarter earnings with $167.7 billion in revenue, up 13% year-over-year, and earnings per ...
Andy Jassy's description of an AI-generated ad that Alexa+ delivers in a multistep conversation, which could help users find ...
Now, it’s worth noting Stock Advisor’s total average return is 1,036% — a market-crushing outperformance compared to 181 % ...
Slowdown in Amazon's cloud business, Amazon Web Services (AWS), is not a lack of demand, but a capacity issue, said CEO Andy ...
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