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Amazon.com shares AMZN.O fell 7% on Friday as the tech giant's results fanned investor fears its cloud unit was falling ...
While artificial intelligence (AI) investing is currently the market's focus, another technology is emerging on the horizon: ...
Amazon CEO Andy Jassy tried to calm concern about AI cloud competition. Wall Street isn't buying it.
On an earnings conference call, analysts asked tough questions about cloud growth and AI rivals. Jassy's answers didn't quell ...
Amazon.com failed to live up to lofty expectations for its Amazon Web Services cloud computing unit after rivals handily beat ...
The tech giant expects total net sales to be between $174.0 billion and $179.5 billion in the third quarter, compared with ...
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Barchart on MSNMicrosoft Flexes AI and Cloud Strength: Is MSFT Stock a Buy Here?Microsoft (MSFT) delivered stronger-than-expected fiscal fourth-quarter financials, getting a boost from the solid demand for ...
Shares in the software giant rose 7.3 percent to $551 in after-hours trading as investors anticipate greater artificial ...
Technology giant Microsoft on Wednesday said its profit soared above expectations in the recently ended quarter, driven by its cloud computing and artificial intelligence (AI) units. Microsoft was one ...
Google-parent Alphabet on Wednesday reported quarterly profits that topped expectations, saying artificial intelligence has boosted every part of its business. "AI is positively impacting every part ...
SAN FRANCISCO (Reuters) -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 ...
A vital part of cloud computing is technology that makes up its foundation or virtualization.
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