Investor's Business Daily on MSN
AI Cloud Concerns Hover Over Amazon Stock. But Analyst Says Don't Forget This 'Crown Jewel.'
Amazon stock has been dinged by cloud concerns but its advertising business should not be overlooked as a growth driver.
Amazon cut at least hundreds of jobs in its Amazon Web Services cloud computing unit on Thursday, two sources said, just a month after CEO Andy Jassy warned that adoption of generative AI tools would ...
Amazon’s AWS European Sovereign Cloud, set to launch in Germany by the end of 2025, is starting to take shape with the ...
TipRanks on MSN
Why Amazon (AMZN) May Lose Its Cloud Computing Crown
Tech giant Amazon (AMZN) has been a leader in cloud computing for years thanks to its Amazon Web Services (AWS) division, which has powered much of its stock growth. But now, rising competition from ...
Amazon's Project Kuiper is a great example of how the company leverages capabilities from AWS to benefit its entire business. Kuiper is a satellite broadband internet service that Amazon has been ...
Amazon's cloud group grew recorded revenue growth of 18% in the second quarter, slightly ahead of analysts' estimates. Amazon Web Services continues to lead the cloud infrastructure market, but is ...
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