Goldman Sachs analyst maintains Buy on Alibaba Group with $117 price target. Notes strong performance in Qwen2.5 model and ...

Cloud computing fuels market expansion and digital transformation by optimizing operations through AI, storage, and database ...

Amazon's cloud computing opportunity is significant, with AWS potentially regaining market share from Microsoft Azure and ...

Amazon.com Inc. warned investors that it could face capacity constraints in its cloud computing division despite plans to ...

Amazon's cloud and ad divisions are key contributors to its record profit. But the tech giant keeps the full picture murky.

AWS has not been able to match the growth of Amazon’s competitors, with Microsoft Corp.’s Azure and Alphabet Inc.’s Google Cloud seeing cloud-related revenue rise by 31% and 30%, respectively. Even so ...

Amazon’s chief executive had predicted the company would spend more in 2025 than the roughly $83 billion it spent last year.

There is a bit of AI spending one-upmanship going on among the hyperscalers and cloud builders – and now the foundation model ...

Overall revenue for Amazon's latest quarter came in at $187.8 billion, while the FactSet consensus was for $187.3 billion. The company saw a 10% boost in North America sales, to $115.6 billion, and an ...

In the fourth quarter, Amazon reported spending $27.8 billion on property and equipment, significantly higher than the same ...

Amazon’s increased spending comes after a few years of cost-cutting from the company. Jassy announced layoffs in 2022 that ...

Amazon.com Inc. shares have largely climbed on the back of two trends: strength in its cloud business and a focus on costs.