Amazon Web Services marked the opening of its two newest data centers Aug. 7, part of a $3.5 billion investment the tech giant announced in 2023.

(Reuters) -Amazon Web Services has agreed to provide U.S. government agencies with up to $1 billion in savings for cloud adoption, modernization and training through the end of 2028, the U.S. General ...

Amazon.com, Inc. (NASDAQ:AMZN) is one of the Magnificent Seven stocks Jim Cramer commented on. Cramer noted that the stock ...

So Lee, we, we have big tech companies making huge moves into AI. You just had, in the president’s office, you had SoftBank in there with the Open AI people. Yeah. $500 billion is what they promised.

Instead, the sell-off seemed to be driven by weakness in the cloud-computing unit. Revenue at AWS rose 17.5% to $30.9 billion ...

I Can't Lie, I'm Excited About Amazon Stock After Its Recent Earnings Report. Here's Why. Most investors are coming to the ...

Also weighing on equities was an 8.3% tumble in Amazon.com shares after the company posted quarterly results but failed to meet lofty expectations for its Amazon Web Services cloud computing unit ...

Amazon is still the biggest cloud provider. But amid the AI boom, analysts wonder if Microsoft is catching up.

By Aditya Soni and Kanchana Chakravarty (Reuters) -Amazon.com shares fell 7% on Friday as the tech giant's results fanned ...

(Reuters) -Amazon.com shares dropped nearly 8% before the bell on Friday, after growth in its cloud computing unit failed to ...

Gloomy guidance and increased cloud competition weigh on Amazon's stock, despite solid earnings beat - SiliconANGLE ...