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Amazon shares, which declined in extended trading after the earnings report, slid further during an earnings call with CEO ...
AWS continues to expand its serverless database offerings, aiming to help improve cost and lower operational complexity.
Amazon’s cloud-services business will be a key focus when the e-commerce giant reports earnings, with AWS revenue expected to ...
Amazon's second-quarter fiscal 2025 revenue rose 13% year-over-year to US$167.7 billion. Operating income jumped 31% to US$19 ...
We believe Amazon is financially sound. Revenue is growing rapidly, margins are expanding, the company has unrivaled scale, and the balance sheet is in great shape. In our view, the marketplace will ...
Sridhar emphasized Bloom's ability to deliver power rapidly to support AI workloads: "We have committed to having power available to their first data center in 90 days." He detailed that Bloom will ...
The CMA determined that "competition is not working well" and has shared recommendations to solve the situation. An independent CMA panel found the cloud services market to be “highly concentrated,” ...
Gloomy guidance and increased cloud competition weigh on Amazon's stock, despite solid earnings beat - SiliconANGLE ...
What a day! Apple surprised with a much better quarter than it had projected, lifting revenue in the June quarter 10%, thanks to 13% higher iPhone revenue, the best iPhone quarter in four years.
On an earnings conference call, analysts asked tough questions about cloud growth and AI rivals. Jassy's answers didn't quell the worries.
I have two [questions] for you on AWS; they’re a little tough but I’m going to throw them at you,” Nowak told Amazon CEO Andy Jassy. “There is a Wall Street finance per ...
Amazon and Microsoft are required to transfer foreign data, including that of Americans, to the Chinese Communist Party upon request, according to the report.