Amazon's Q3 earnings beat forecasts, but AWS growth lags rivals. Click here to know why analysts remain bullish and when to ...
AWS sales growth in the quarter was higher than the segment's average over the past few years. As CEO Andy Jassy noted, that ...
AWS added more than 3.8 gigawatts of power in just the last 12 months. That's more than any other cloud provider. Amazon's ...
Amazon Web Services continues to solidify its position as the world’s leading cloud provider. The reported growth of 20% not only beat the anticipated $32.42 billion but also showcased a strong ...
Amazon.com Inc.’s stock jumped 10% in after-hours trading Thursday after its cloud division, Amazon Web Services (AWS), ...
LONDON — Britain's antitrust watchdog on Tuesday raised concerns over competition in the multi-billion-pound cloud computing market and singled out Microsoft and Amazon as the dominant players. Stream ...
“AWS is growing at a pace we haven’t seen since 2022, re-accelerating to 20.2% YoY,” Andy Jassy, the president and CEO of Amazon, said in the company’s earnings announcement. “We continue to see ...
Amazon’s $38 billion cloud partnership with OpenAI marks a major comeback for AWS, reinforcing its position in the global ...
Andy Jassy explains Amazon’s 14,000 layoffs, buying Nvidia chips, upcoming Trainium3 AI chips, AWS capacity and sales growth, ...
Amazon AMZN stock currently trades at a price-to-earnings (P/E) ratio of hovering between 31.84x and 35.46x, reflecting investor optimism about the company's AI initiatives and cloud computing ...