AWS

Tesla Inc. CEO Elon Musk is impressed by the sheer size of Jeff Bezos‘ Amazon.com Inc.'s (NASDAQ:AMZN) cloud computing business, Amazon Web Services (AWS) after the company's first-quarter earnings came in on Tuesday. What Happened: Musk expressed astonishment after a user, Charlie Bilello,...

Amazon.com Inc (NASDAQ:AMZN) CEO Andy Jassy has expressed optimism about the future of the company’s Amazon Web Services or AWS during the first-quarter 2024 earnings call. What Happened: On Tuesday, during the call, Jassy highlighted the potential for AWS, stating...

E-commerce giant Amazon.com Inc (NASDAQ:AMZN) reported first-quarter financial results after the market close Tuesday. Here are the key highlights. What Happened: Amazon reported first-quarter net sales of $143.3 billion, up 13% year-over-year. The net sales total beat a Street consensus estimate...

Leading ecommerce company Amazon.com Inc (NASDAQ:AMZN) is set to report first-quarter financial results after market close Tuesday. Here’s an overview of analyst earnings estimates, their insights, and key factors to watch. Earnings Estimates: Analysts expect Amazon to report first-quarter...

Amazon shares reached a new high on April 11th, briefly surpassing the previous all-time peak. Amazon's stock could potentially reach the $200 mark if it breaks past its recent high. Since its 2002 launch, Amazon Web Services (AWS) has seen nothing but growth, now nearly reaching a $100...

Snowflake Inc. (NYSE:SNOW) shares are trading higher Friday after Raymond James analyst Simon Leopold maintained an Outperform rating on the stock and raised his price target from $190 to $223. The Details: Raymond James noted current public cloud trends as positive and specifically highlighted...

Amazon.Com, Inc’s (NASDAQ:AMZN) cloud computing unit, Amazon Web Services, shared plans to invest close to 2.3 trillion yen ($15.5 billion) in Japan over five years between 2023 and 2027. AWS earmarked the funds to boost data centers and bolster business operations. Thanks to the...

Amazon.com, Inc. (NASDAQ:AMZN) stock gained good ground this year, up 78% on a YTD basis (as of Dec. 21, 2023). It is the most valuable company of 2023. Wedbush expects Amazon to clock $46.5 billion in advertising revenue in 2023. It sees the company well-positioned to continue taking a share of...

Amazon.com Inc‘s (NASDAQ:AMZN) recent announcement about teaming up with Malaysia-based startup Aerodyne opens up a $15 billion opportunity window for the company. Aerodyne ranked first among the top 40 remote sensing companies in the world last year by German market research company, Drone...

The forthcoming DevTernity tech conference has become embroiled in controversy following allegations of false female speaker profiles, leading to several prominent tech executives withdrawing from the event. What Happened: Eduards Sizovs, the person responsible for organizing the DevTernity...

Thailand is on the verge of a major financial investment from three of the world’s tech giants, Amazon Web Services (AWS) (NASDAQ:AMZN), Google (NASDAQ:GOOGL) (NASDAQ:GOOG), and Microsoft (NASDAQ:MSFT). The investment, worth a staggering $8.5 billion, is set to significantly advance the...

While the cloud business has been critical to tech titans Amazon, Inc. (NASDAQ:AMZN), Microsoft Corp. (NASDAQ:MSFT) and Alphabet, Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG), not all saw the same levels of success in the last quarter. This is evident from the sharp pullback in the shares of Google parent...

Shares of Amazon.com, Inc. (NASDAQ: AMZN) continued to climb in early trading Friday after the company reported stellar third-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways from Amazon's quarterly print.  Telsey Advisory Group On...

E-commerce giant Amazon.com, Inc (NASDAQ: AMZN) is set to report third-quarter financial results after market close on Thursday, Oct. 26, 2023. Here’s a look at the earnings estimates from analysts, what analysts are saying and key items for investors to watch. Earnings Estimates:...

Amazon Inc. (NASDAQ:AMZN) is transforming its competitive relationship with Microsoft Corporation (NASDAQ:MSFT) into a business partnership as it reportedly plans to become a significant user of Microsoft’s 365 cloud productivity tools. What Happened: Amazon,...