Amazon shares drop as cloud growth, sales forecast lag
Amazon.com investors drove shares down sharply on Thursday (Feb 6) due to weakness in the retailer's cloud computing unit and lower-than-expected forecasts for first-quarter revenue and profit. Amazon's shares fell as much as 5 per cent in extended trade after the fourth-quarter earnings report,
Achieving cost efficiency in a multi-cloud environment is not just about minimizing expenses—it’s about maximizing value ...
The headline so far is that Google Cloud brought in $11.96 billion in revenue during the last quarter, missing analyst ...
Amazon.com Inc. shares have largely climbed on the back of two trends: strength in its cloud business and a focus on costs.
Proactive cloud adoption offers niche industries the opportunity to not only survive but thrive in an increasingly digital ...
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Google Drive doesn’t let you customize your brand’s cloud storage, but hits white-label platform doesSave over 80% on Cloudbrand, a white-label cloud storage platform that lets you personalize your storage with custom domain, ...
Microsoft MSFT.O on Wednesday forecast disappointing growth in its cloud computing business, sending its shares down more ...
AWS's growth is slowed by AI chip shortages and server constraints, CEO Andy Jassy said, as the company plans significant capital investment.
The pressure is on Amazon.com to deliver on lofty expectations for cloud computing in its fourth-quarter results on Thursday, ...
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