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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 ...
The tech giant expects total net sales to be between $174.0 billion and $179.5 billion in the third quarter, compared with ...
Amazon.com shares AMZN.O fell 7% on Friday as the tech giant's results fanned investor fears its cloud unit was falling ...
(Reuters) -Amazon.com shares dropped nearly 8% before the bell on Friday, after growth in its cloud computing unit failed to ...
The company’s quarterly sales results exceeded Wall Street’s expectations.
Cloud computing's reliance on AWS, Microsoft Azure, and Google Cloud creates hidden economic risks. Learn how market ...
AWS represents a small part of Amazon’s total revenue, but it is a key driver of profits, typically accounting for about 60% ...
It raised concerns over the way Microsoft charges Amazon and Google to use its software, which it said is driving up costs.
AWS profit margins also contracted. Amazon said they were 32.9% in the second quarter, compared with 39.5% in this year's ...
Rigetti Computing shares jumped after Microsoft signaled quantum computing as the next leap in cloud technology.