News

LONDON (Reuters) -Amazon shares fell 7% on Friday in Europe after the company delivered an upbeat outlook for third-quarter ...
Amazon is still the biggest cloud provider. But amid the AI boom, analysts wonder if Microsoft is catching up.
But Amazon's most profitable segment, Amazon Web Services (AWS), continued to grow rapidly. The cloud-computing segment saw revenue increase 37% year over year during Q1.
Though a small part of Amazon’s total revenue, AWS is a key driver of Amazon’s profits, typically accounting for about 60 per ...
Analysis: Amazon, as an online retailer, may seem like an unlikely company to get into cloud computing, a sector that's attracting the likes of IBM, Oracle, Google and others. However, Amazon ...
This new business isn't just an additional revenue stream. It's a strategic opportunity, and it could significantly reshape ...
Amazon.com shares tumbled 8 per cent on Friday, as the tech giant's results fanned investor fears its cloud unit was falling ...
Cloud computing's reliance on AWS, Microsoft Azure, and Google Cloud creates hidden economic risks. Learn how market ...