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Amazon is still the biggest cloud provider. But amid the AI boom, analysts wonder if Microsoft is catching up.
Amazon.com shares AMZN.O fell 7% on Friday as the tech giant's results fanned investor fears its cloud unit was falling ...
Big Tech firms announced increased spending on AI data centers and growing revenues from AI in their earnings reports this ...
Amazon.com, Inc.'s post-earnings dip is an overreaction. AWS remains a leader with $10B profits and 30% market share. Click ...
Amazon, General Motors, and Microsoft reported bigger donations to President Trump's inauguration this year than his ...
Big Tech is spending more than ever on artificial intelligence - but the returns are rising too, and investors are buying in.
Microsoft hit $4 trillion in stock market value on Thursday, becoming the second publicly traded company after Nvidia to ...
CNBC’s MacKenzie Sigalos reports on Amazon’s sharp stock drop despite an earnings beat, as AWS lags behind Microsoft and Google in year-over-year cloud growth.
Amazon.com shares tumbled 8 per cent on Friday, as the tech giant's results fanned investor fears its cloud unit was falling ...
AWS growth is under scrutiny after Amazon CEO Andy Jassy's earnings call failed to reassure investors. Brad Erickson, RBC ...
The increasing investment in infrastructure is reinforcing the dominance of a few large players in the tech industry. While ...
Not only did Amazon, Apple, Meta, and Microsoft show strong growth throughout their giant businesses, but execs also conveyed that AI is unlocking new avenues of growth for the quarter to come. Their ...