Amazon AWS

Kyndryl Holdings, Inc. (NYSE:KD) shares are trading lower on Thursday after the company recently announced a bigger collaboration with Amazon.com, Inc. (NASDAQ: AMZN) and Amazon Web Services (AWS) to accelerate the adoption of agentic AI. • Kyndryl Holdings stock...

Snowflake Inc. (NYSE:SNOW) dropped a one-two punch Wednesday evening: a blowout quarter and a $6 billion commitment to Amazon.com Inc. (NASDAQ:AMZN) AWS that signals the company is making a clear strategic bet on where the AI infrastructure war will be won. SNOW stock is soaring after earnings....

Andy Jassy says Amazon.com Inc.'s (NASDAQ:AMZN) enormous artificial intelligence spending spree is not a red flag for investors but a strategic move designed to secure the company's next major growth engine. Amazon's AI Investment Strategy Raises Stakes Amazon plans to spend roughly $200 billion in...

Amazon.com Inc (NASDAQ:AMZN) could highlight its improvements in cloud and AI when the company reports first-quarter (Q1) financial results on Wednesday after market close. Here are the earnings estimates, what experts are saying ahead of the report and the key items to watch. Amazon.com Q1...

Amazon.com Inc (NASDAQ:AMZN) is seeing strong cloud-driven momentum even as near-term cost pressures persist, according to JPMorgan. • Amazon.com stock is gaining positive traction. What’s driving AMZN shares up? AWS Growth and AI Demand Drive Outlook Analyst Doug Anmuth...

On Sunday, Sam Altman thanked Jensen Huang as Nvidia Corp. (NASDAQ:NVDA) accelerates efforts to expand computing capacity for OpenAI on Amazon.com, Inc.’s (NASDAQ:AMZN) cloud arm. Altman Praises Nvidia's Efforts To Expand OpenAI's Compute Power The OpenAI CEO took to X and expressed gratitude...

Late Monday, Amazon.com, Inc. (NASDAQ:AMZN) Web Services said drone strikes tied to the escalating Middle East conflict caused significant structural damage at facilities in the United Arab Emirates and Bahrain. Drone Strikes Damage AWS Infrastructure In UAE And Bahrain AWS said two of its three...

On Sunday, Amazon.com, Inc.'s (NASDAQ:AMZN) Web Services said a fire triggered by objects striking one of its UAE data centers forced a power shutdown, disrupting cloud services in the region. Strike-Linked Fire Disrupts AWS Availability Zone Amazon's cloud division, Amazon Web Services, confirmed...

BofA Securities analyst Justin Post reiterated a Buy rating on Amazon.com Inc (NASDAQ:AMZN) and kept his $275 price target, arguing that Amazon Web Services‘ aggressive capacity expansion could drive upside despite near-term concerns around AI spending. • Amazon.com stock is holding...

JMP Securities analyst Nicholas Jones rated Amazon.com Inc (NASDAQ:AMZN) shares with Market Perform and a price target of $225. Jones noted that Microsoft Corp’s (NASDAQ:MSFT) Azure and other cloud services revenue missed consensus expectations by 1.5%. Conversely, Alphabet Inc (NASDAQ:GOOG...

Veritone Inc (NASDAQ:VERI) CEO Ryan Steelberg says, “Technology innovation is way ahead of the appropriate amount of controls and disciplines that governments and their regulators can devise and enforce.“ He believes that it’s up to the companies building artificial intelligence...

Amazon Inc. (NASDAQ: AMZN) shares were retreating on Wednesday, as they move in sympathy with Microsoft Corp. (NASDAQ: MSFT). What Happened: Microsoft’s Cloud revenue rose 22% in the second quarter that ended Dec. 31, 2022, slowing from the 24% growth in the first quarter. On a...

Microsoft Corp (NASDAQ: MSFT) has roped in rival Amazon.com Inc’s (NASDAQ: AMZN) top cloud executive Charlie Bell weeks after the industry veteran left his position at the e-commerce company.  What Happened: Bell, who left Amazon recently, is now listed by Microsoft as a...

Microsoft Corporation (NASDAQ: MSFT) is poised to chip away further market share from Amazon.com, Inc (NASDAQ: AMZN) cloud subsidiary Amazon Web Services, according to Wedbush Securities. The Microsoft Analyst: Wedbush analyst Daniel Ives maintained his Outperform rating and $300 price target...

The elevation of Amazon.com, Inc (NASDAQ: AMZN) executive Andy Jassy, who heads Amazon Web Services, to the position of CEO represents that "cloud arms race" with rival Microsoft Corporation (NASDAQ: MSFT) is "hitting another gear," as per Wedbush analyst Daniel Ives....