Amazon sales surged 14% during the fourth quarter, helped by strong holiday spending and a better-than-expected growth in its ...
Amazon shares dove more than 11 percent on Thursday as the computing and retail titan reported strong sales but significantly boosted spending estimates.Amazon reported a profit of $21.2 billion on ...
The company reported a strong holiday quarter on Thursday. But its spending, like that at other big technology companies, is ...
Releasing its fourth-quarter results after market close on Thursday, Amazon's cloud computing business, Amazon Web Services ...
Investing in cloud computing stocks offers exposure to one of the most important and fastest-growing pillars of the modern ...
CEO Andy Jassy claimed that the demand for Amazon's products has been higher than ever as it continues to invest in AI and ...
Amazon.com Inc. delivered record quarterly revenue on the back of strong cloud growth during the fourth quarter, but its ...
The fiercest competition between the two AI developers, along with bigger companies like Google, is a race to win over ...
Investing.com -- Cantor Fitzgerald upgraded DigitalOcean to Overweight from Neutral and raised its price target on stock to $68 from $47, citing stronger expected revenue growth and improving new ...
Oracle's contract comes shortly after Amazon Web Services secured a $581.3m task order and Microsoft a $170m contract, both also part of the Cloud One program. Oracle previously secured a $222.53m ...
Alphabet reported quarterly revenue of $113.8 billion, an 18 percent increase from a year earlier, fueled by the performance ...