Amazon's beat Wall Street's overall expectations with $187.8 billion in net sales, up 10%, and came in well ahead on the ...
Bank of America analyst Justin Post reiterated a Buy rating and raised the price target from $255 to $257. RBC Capital ...
Amazon.com, Microsoft, and Alphabet all fell after earnings. The common theme was disappointment in the cloud.
"Please, let's not allow 'we expect growth will be lumpy over the next few years' to be the key takeaway here," Morton wrote. "Andy Jassy told the Street AWS is constrained and can grow faster when it ...
Similar to Microsoft ( MSFT) and Meta ( META) this earnings season, Amazon uncorked a whopper of a capex guide. It sees $104 billion in capex spending this year, well above analyst forecasts of $80 ...
Modernization services are increasingly focused on migrating legacy applications to cloud-native architectures, leveraging ...
The results echoed the slowdown at Microsoft and Alphabet-owned Google, and highlighted how U.S. cloud-computing giants were ...
Amazon stock fell Friday after the tech giant’s fourth-quarter results on Thursday afternoon presented a mixed picture of the ...
Interested in learning about the best cloud storage providers? We’ve narrowed down our top picks so you can decide which ...
Amazon Web Services (AWS), the company’s cloud division, reported a 19-per-cent rise in revenue to US$28.79-billion, just shy ...
Amazon’s CEO plans to invest more than $100 billion this year, mostly in AI infrastructure — but could face challenges buying ...
Amazon.com Inc. warned investors that it could face capacity constraints in its cloud computing division despite plans to ...