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Amazon.com failed to live up to lofty expectations for its Amazon Web Services cloud computing unit after rivals handily beat ...
Amazon.com shares AMZN.O fell 7% on Friday as the tech giant's results fanned investor fears its cloud unit was falling ...
The tech giant expects total net sales to be between $174.0 billion and $179.5 billion in the third quarter, compared with ...
The company’s quarterly sales results exceeded Wall Street’s expectations.
Britain’s competition regulator called for a probe into Microsoft and Amazon’s cloud market dominance under the country’s ...
(Reuters) -Amazon.com shares dropped nearly 8% before the bell on Friday, after growth in its cloud computing unit failed to ...
Microsoft had reported stellar financial results and strong growth that could be connected to artificial intelligence. After the market closed, extended-hours trading shot Microsoft's share price up ...
AWS represents a small part of Amazon’s total revenue, but it is a key driver of profits, typically accounting for about 60% ...
I contend this is the case, which makes the stock's recent setback a fantastic buying opportunity. Here's the deal.
AWS profit margins also contracted. Amazon said they were 32.9% in the second quarter, compared with 39.5% in this year's ...
It raised concerns over the way Microsoft charges Amazon and Google to use its software, which it said is driving up costs.
Cloud computing's reliance on AWS, Microsoft Azure, and Google Cloud creates hidden economic risks. Learn how market ...