The growth of generative artificial intelligence businesses is surprising even the tech industry’s most seasoned executives.
Amazon reported record profits on Thursday, as cloud computing sales picked up steam and its retail business showed ...
Global cloud computing market-share leaders for third quarter 2024 were AWS, Microsoft, Google Cloud, Alibaba and Oracle.
A series of recent rulings from regulators dashed the Big Tech companies' hopes of finding a quick fix for their electricity ...
Often cloud growth drives Amazon’s stock movements after earnings, but this time analysts are keying in on overall profit as ...
CEO Andy Jassy acknowledged that Amazon must sacrifice short-term profits by spending heavily on AI infrastructure that may ...
Amazon.com Inc. reported strong results that showed a company humming on all cylinders, a testament to its efforts to cut and ...
In a letter sent to Amazon Web Services CEO Matt Garman last Wednesday, 523 employees protested the upcoming return-to-office mandate and urged Amazon executives to restore the flexibility of remote ...
Amazon.com shares hit an intraday record on Wednesday, in the latest example of how big tech remains a favored part of the ...
Amazon stock saw its best day in nine months on Friday. It climbed as much as 7.6% to $200.50, its steepest intraday gain ...
Earnings per share (EPS) grew more than 50% to $1.43, beating analysts’ forecasts. Revenue at Amazon Web Services, the ...
The tech company’s capital expenditures reached a quarterly record amid a big build-out of artificial-intelligence ...