Legit on MSN3d
Amazon profits double, but cautious outlook disappoints
E-commerce giant Amazon reported Thursday its fourth-quarter net income nearly doubled to $20 billion, driven by strong ...
Amazon almost doubles annual profits, but outlook disappoints the stock market
Amazon's retail business is flourishing, but its cloud business AWS is growing more slowly than the competition. The forecast ...
CRN2h
AWS Vs. Microsoft Vs. Google Cloud Earnings Q4 2024 Face-Off
Microsoft Azure, Google Cloud and AWS cloud sales for fourth quarter 2024 includes global market share, total revenue, ...
Hardware quality problems and server supply chain kinks slow Amazon’s $100 billion AI build
Supply problems matter because Amazon spent $26.4 billion on capital expenditure in the final quarter of 2204, and Olavsky ...
Computer Weekly3d
AWS sees full-year profit and revenue growth as AI and public cloud demand soars
Amazon Web Services (AWS) reports full-year results and reveals capital expenditure toll the AI boom will take on its ...
Amazon, Google, Microsoft, and Meta push AI spending to new heights, set to surpass $320 billion this year
Amazon has set the bar exceptionally high, announcing an unprecedented investment of over $100 billion in infrastructure, primarily focused on expanding its cloud computing arm, Amazon ...
The Manila Times on MSN3d
Amazon reports strong earnings in Q4
E-commerce giant Amazon reported on Thursday its fourth-quarter (Q4) net income nearly doubled to $20 billion, driven by ...
The Cloud Underdog? Why Oracle's 3% Market Share Signals A Strong Upside
Despite high debt, Oracle's fair valuation relative to Amazon and Microsoft, along with strong RPO growth, reinforces its ...
Sourcing Journal on MSN2d
Amazon Silent on Tariffs, Sets Aside $100B for AI Spending Spree
The tech titan's low-cost Shein and Temu competitor, Amazon Haul, would feel the heat from the tacked-on tariffs and the de ...
Amazon’s quarterly profits soar to a record $20 billion, but cloud growth comes up short
Amazon's beat Wall Street's overall expectations with $187.8 billion in net sales, up 10%, and came in well ahead on the ...
India’s data centre market to grow from $4.5 billion in 2023 to $11.6 billion in 2032, says Economic Survey
India has been attracting billions of dollars in investments for setting up new data centres from global cloud services ...