Amazon is still the biggest cloud provider. But amid the AI boom, analysts wonder if Microsoft is catching up.

Amazon.com failed to live up to lofty expectations for its Amazon Web Services cloud computing unit after rivals handily beat ...

The S&P 500 dropped 0.37% and closed at 6,339.39 for its third straight losing day, while the Nasdaq Composite inched down ...

Wall Street weighed a tariff reprieve for Mexico, new trade deal with South Korea, and strong earnings from Meta and ...

AWS profit margins also contracted. Amazon said they were 32.9% in the second quarter, compared with 39.5% in this year's ...

AMAZON.COM on Thursday forecast third-quarter sales above market estimates, but failed to live up to lofty expectations for its Amazon Web Services cloud computing unit after rivals handily beat ...

Though a small part of Amazon’s total revenue, AWS is a key driver of Amazon’s profits, typically accounting for about 60 per ...

Amazon's stock sank on Thursday afternoon, weighed down by mixed guidance and AI competition, though the company beat Q2 ...

Apple CEO Tim Cook will join President Donald Trump Wednesday to announce a $100 billion investment plan in the United States ...

AMD stock price crashed by over 6% in the extended hours after the blue-chip semiconductor company published mixed ...

Amazon topped Wall Street expectations with its third-quarter 2024 revenue, but the company's stock fell about 7% in ...

While the $1.1bn tariff impact is “chump change” for the $3tn tech giant, Munster said the extra cost ...