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Tesla May Soon Compete With Amazon On Data: Could The Musk, Bezos Rivalry Escalate?
Monday, August 14, 2023 - 12:08pm | 786Read More...Tesla Inc (NASDAQ: TSLA) may soon have another business segment in addition to the electric vehicle space, which it currently dominates. What Happened: The company, also known for its operations in solar, energy storage and charging infrastructure, may expand operations into data centers — a...
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Walmart Or Target? Ahead of Retail Earnings, Jim Cramer Says Stick With This FAANG Stock When In Doubt
Monday, August 14, 2023 - 5:19am | 558Read More...The retail earnings season starts this week, with Walmart, Inc. (NYSE:WMT) and Target, Inc. (NYSE:TGT) releasing their quarterly results on Wednesday and Thursday, respectively. What Happened: Ahead of the earnings, CNBC Mad Money host Jim Cramer offered his take on the shares of the retail giant...
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Amazon's AWS Vs Microsoft Azure Vs Google Cloud: How Tech Titans Fared In June Quarter's Cloud Showdown
Monday, August 7, 2023 - 3:34am | 667Read More...The second-quarter results of the cloud industry’s major players – Amazon.com, Inc. (NASDAQ:AMZN), Microsoft Corporation (NASDAQ:MSFT), and Alphabet Inc‘s Google (NASDAQ:GOOGL) – have unveiled significant shifts in the industry dynamics....
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Artificial Intelligence, AWS: What Amazon Investors Are Watching For When E-Commerce Giant Reports Q2 Earnings
Wednesday, August 2, 2023 - 2:34pm | 385Read More...Amazon.com, Inc (NASDAQ:AMZN) is set to issue its second-quarter earnings print on Thursday after the closing bell. Investors and analysts are focusing on the company’s efforts in artificial intelligence (AI) in light of this year’s AI boom. Here's what you need to know. By The Numbers...
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Amazon CEO Andy Jassy On Chinese Competition, Prime Day And More
Thursday, July 6, 2023 - 6:52pm | 628Read More...E-Commerce behemoth Amazon.com, Inc. (NASDAQ:AMZN) continues to steer its $1.2 trillion ship with a focus on efficiency, long-term investments and an eye on the horizon. A Thursday CNBC interview featuring CEO Andy Jassy provided valuable insights into its operational strategies, growth...
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Amazon Not Worried About Lagging Behind In AI Race: 'You're Three Steps In, And It's A 10K Race'
Saturday, June 24, 2023 - 4:21pm | 636Read More...Amazon, Inc. (NASDAQ:AMZN) isn't flustered by its lagging position in the artificial intelligence race and is pushing ahead with a well-thought-out strategy. What Happened: Amazon Web Services, or AWS, announced this week that it is getting started on a small scale with a $100 million investment...
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Ad-Supported Prime Video And Positive Analyst Coverage Drive Amazon Shares Higher
Thursday, June 8, 2023 - 12:22pm | 416Read More...Shares of Amazon.com, Inc (NASDAQ:AMZN) are moving to the upside by more than 3% Thursday after a report issued by The Wall Street Journal suggests that the company is seeking to launch an advertising-supported Prime Video streaming service tier to build its ad business further and generate more...
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C3.Ai Inc Q4 Earnings Highlights: Revenue And EPS Beat, Guidance, CEO Says 'FY 2024 Will Be Exciting'
Wednesday, May 31, 2023 - 5:20pm | 530Read More...Enterprise artificial intelligence company C3.ai Inc (NYSE: AI) reported fourth-quarter financial results after market close Wednesday. Here are the key highlights. What Happened: C3 AI announced fourth-quarter revenue of $72.4 million, up from the $72.3 million reported in the same time period...
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Amazon's AWS Sets $12.7B Course For India's Booming Cloud Requirements
Thursday, May 18, 2023 - 4:05am | 521Read More...This story was originally published on the Benzinga India portal. In an ambitious move, Amazon (NASDAQ: AMZN) announced on Thursday its plans to pour $12.7 billion to bolster its cloud infrastructure in India by 2030. This comes as the e-commerce behemoth redoubles efforts to...
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Amazon Analysts Preach Patience In Wake Of Slower AWS Growth: 'Management Laser-Focused On Returning The Company To Dynamic Growth'
Friday, April 28, 2023 - 11:03am | 940Read More...Ecommerce and technology giant Amazon.com Inc (NASDAQ: AMZN) reported first quarter financial results after market close Thursday. The Amazon Analysts: Oppenheimer analyst Jason Helfstein has an Outperform rating and raises the price target from $125 to $130. Morgan Stanley analyst Brian Nowak has...
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Andy Jassy Thinks AI Can Save Amazon's Troubled Cloud Business
Friday, April 28, 2023 - 4:32am | 556Read More...Amazon, Inc. (NASDAQ:AMZN) stock continues to bounce around the bottom and the first-quarter earnings did little to lift sentiment. What Happened: Seattle, Washington-based Amazon reported first-quarter sales and earnings per share that exceeded expectations. Investors, however, were worried about...
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Amazon Begins Laying Off Employees In An Effort To Strengthen Cost Structure
Wednesday, April 26, 2023 - 11:47am | 468Read More...Amazon.com, Inc. (NASDAQ: AMZN) started laying off staff in its cloud and PXT (People eXperience and Technology) divisions. What Happened: Amazon Web Services CEO Adam Selipsky and human resources head Beth Galetti sent memos about job cuts to employees on Wednesday,...
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Amazon's Retail Strength Outshines AWS Slowdown, Analysts Are Raising Price Targets
Friday, February 3, 2023 - 1:38pm | 779Read More...E-commerce giant Amazon.com, Inc. (NASDAQ: AMZN) reported fourth-quarter financial results after market close Thursday. The results showed growth of the AWS cloud business and several hits on Amazon Prime Video helping boost subscriptions. Analysts weighed in with their takes on the financial...
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Amazon Q4 Earnings Highlights: Revenue Beat, EPS Miss, Thursday Night Football, The Lord Of The Rings, Cloud Growth And More
Thursday, February 2, 2023 - 5:30pm | 738Read More...E-commerce leader Amazon.com (NASDAQ: AMZN) reported fourth-quarter earnings after the market close Thursday. Here are the key highlights. What Happened: Amazon reported fourth-quarter net sales of $149.2 billion, up 9% year-over-year. The total came in ahead of a Street estimate of $145.45 billion...
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Amazon NFTs Could Be Coming Soon: What Could It Mean For The Sector And Investors?
Friday, January 27, 2023 - 1:39pm | 1133Read More...One of the largest retailers in the world could soon be among the companies exploring the world of non-fungible tokens. A new report pointed to an NFT initiative from Amazon.com, Inc. (NASDAQ: AMZN) coming this spring. Here are the details and what it could mean. What Happened: A new...
















