Amazon reports cloud unit grew at fastest pace since 2022

Strong performance of Amazon’s cloud business soothed investor fears of an AI bubble. Read more at straitstimes.com. Read ...

Amazon reports higher sales and earnings for 3Q, helped by its accelerating computing arm business

Amazon posted higher fiscal third quarter profit and sales compared with a year ago, as the online giant kept attracting ...

Amazon’s stock jumps as AWS cloud growth accelerates

In a statement, Amazon Chief Executive Andy Jassy (pictured) said AWS is now growing at a pace that hasn’t been seen since 2022, primarily due to demand for AI resources. “We continue to see strong ...
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Amazon’s Cloud Lifts

The cloud over Amazon is lifting. The e-commerce and cloud giant reported Thursday that its cloud unit, Amazon Web Services, ...

Amazon reports higher sales, earnings for 3Q on fast-growing web services

NEW YORK: Amazon posted higher fiscal third quarter profit and sales compared with a year ago, as the online giant kept ...
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Markets Take a Powder on Biggest Earnings Day of the Week

We???re still up from early Monday, except for the small-cap Russell 2000, which has taken it on the chin over the past two ...
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Dow Jones Futures Rise On Amazon, Apple Earnings After Meta-Led Market Slide

Dow Jones futures rose overnight, along with S&P 500 futures and Nasdaq futures. AppleAAPL and Amazon.comAMZN were earnings ...

Wall Street Indexes Fall as Meta, Microsoft Drag, Along With Fed Rate Concerns

U.S. President Donald Trump claimed a breakthrough with Chinese counterpart Xi Jinping on rare earths and tariffs. Trump ...