Amazon’s stock drops as cloud revenue comes up short and it doubles AI spending
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, AWS remains much bigger than any other cloud infrastructure provider, and it’s notable that those peers also missed expectations this week.
T he cloud and artificial intelligence (AI) markets, which are linked together in myriad ways, have both flourished over the ...
Alarming new research shows that if your enterprise is careless about managing cloud resources, it's just a matter of time ...
The pressure is on Amazon.com to deliver on lofty expectations for cloud computing in its fourth-quarter results on Thursday, ...
By adopting scalable models, advanced deployment strategies, and technologies like AI and edge computing, organizations ...
Amazon (AMZN) will likely be under pressure to deliver strong cloud computing results in its fourth-quarter earnings report ...
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The results echoed the slowdown at Microsoft and Alphabet-owned Google, and highlighted how U.S. cloud-computing giants were ...
Microsoft MSFT.O on Wednesday forecast disappointing growth in its cloud computing business, sending its shares down more ...
Amazon.com Inc. shares have largely climbed on the back of two trends: strength in its cloud business and a focus on costs.
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Amazon’s $104 billion spending plan marks one of the most significant investments in AI and cloud computing. While the stock ...
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