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Amazon joins Google, Microsoft in cloud weakness, shares slide
The results echoed the slowdown at Microsoft and Alphabet-owned Google, and highlighted how U.S. cloud-computing giants were struggling to scale AI as infrastructure bottlenecks cap growth, forcing them to invest billions in data centers with little short-term payoff.
Amazon shares fall 4% after cloud unit reports weaker-than-expected growth
Amazon shares fell 4% in Frankfurt on Friday a day after the retailer's results showed weakness in its cloud computing unit and it forecast and lower-than-expected first-quarter revenue and profit.
Amazon’s outlook underwhelms as tech giant forecasts ‘lumpy’ cloud growth in years ahead
Amazon shares slid after the online-retail and cloud-services giant offered a first-quarter outlook that came up short of Wall Street’s expectations while forecasting bumpy trends in its cloud business.
Network World
1h
AWS plans to outspend Microsoft and Google on on AI infrastructure
Amazon’s CEO plans to invest more than $100 billion this year, mostly in AI infrastructure — but could face challenges buying ...
3h
Amazon wants to spend $104 billion, and the stock gets clipped: What Wall Street is saying
Similar to Microsoft ( MSFT) and Meta ( META) this earnings season, Amazon uncorked a whopper of a capex guide. It sees $104 ...
Datacenter Dynamics
2h
Amazon 2025 capex to reach $100bn, AWS revenue hit $100bn in 2024
The company posted its Q4 2024 quarterly earnings results this week, which rounded out another strong quarter for its Amazon ...
1d
on MSN
Amazon earnings preview: AWS cloud growth, AI demand, trade wars among key issues to watch
Amazon Web Services growth will be a major factor in Amazon's earnings report Thursday, along with questions about AI demand ...
16m
on MSN
Truist cuts Amazon stock price target to $265 from $270
Truist Securities adjusted its outlook on Amazon.com (NASDAQ:AMZN) shares, reducing the price target to $265 from the ...
CRN
53m
AWS Optimistic About Growth Despite Supply Chain, Power Constraints
AWS has already embraced China’s DeepSeek R1 frontier model in Amazon Bedrock and Amazon SageMaker, Jassy told financial ...
19h
Amazon's AWS miss adds to Big Tech's cloud woes
Amazon (AMZN) stock is in focus after the company reported quarterly results and released weaker-than-expected first quarter ...
15h
Amazon Web Services says GameLift can support up to 100M concurrent users per game
Amazon Web Services (AWS) said it has benchmark tested support for up to 100 million concurrent users (CCU) for a single game.
1h
Amazon Is the Worst Dow Stock After Earnings. Here's Why
Amazon stock is at the bottom of the Dow Friday as the e-commerce giant's soft outlook offsets a fourth-quarter beat. This is ...
18h
on MSN
Amazon shares slide as weak revenue outlook, AI spending rattle investors
Amazon joined Microsoft and Google parent Alphabet in posting slowing cloud growth in last year’s fourth quarter.
17h
on MSN
Amazon set to pass Walmart in revenue for first time
Walmart, which is often dubbed the world’s biggest retailer in reference to its revenue, still leads the way when it comes to ...
19h
on MSN
Amazon reports strong earnings for Q4, but stocks dip due to guidance for the 1st quarter
The Seattle-based e-commerce and technology company said its revenue for the October-December period totaled $187.8 billion, ...
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