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Amazon.com failed to live up to lofty expectations for its Amazon Web Services cloud computing unit after rivals handily beat ...
The tech giant expects total net sales to be between $174.0 billion and $179.5 billion in the third quarter, compared with ...
Amazon.com shares AMZN.O fell 7% on Friday as the tech giant's results fanned investor fears its cloud unit was falling ...
(Reuters) -Amazon.com shares dropped nearly 8% before the bell on Friday, after growth in its cloud computing unit failed to ...
The company’s quarterly sales results exceeded Wall Street’s expectations.
AWS represents a small part of Amazon’s total revenue, but it is a key driver of profits, typically accounting for about 60% ...
Cloud computing's reliance on AWS, Microsoft Azure, and Google Cloud creates hidden economic risks. Learn how market concentration could trigger widespread outages and what investors can do to protect ...
AWS profit margins also contracted. Amazon said they were 32.9% in the second quarter, compared with 39.5% in this year's ...
Microsoft reveals that its Azure cloud computing platform has generated over $75 billion in annual revenue, marking a 34% ...
US tech giant’s valuation set to pass $4tn as investors embrace plans to spend $120bn on artificial intelligence next year ...
Rigetti Computing shares jumped after Microsoft signaled quantum computing as the next leap in cloud technology.