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Amazon slashing hundreds of jobs at AWS cloud unit — month after CEO says AI will spur layoffs: report
Amazon joined a growing list of firms, including Microsoft, Meta, and CrowdStrike in announcing layoffs this year.
Amazon cloud computing results fail to impress, shares dive
Amazon.com failed to live up to lofty expectations for its Amazon Web Services cloud computing unit after rivals handily beat ...
Amazon Post-Earnings Decline 'Totally Wrong,' Says Analyst As CEO Points Out AWS Has 'More Demand Than We Have Capacity'
Slowdown in Amazon's cloud business, Amazon Web Services (AWS), is not a lack of demand, but a capacity issue, said CEO Andy ...
Why is Microsoft soaring while Amazon sinks? AI growing pains
Amazon is still the biggest cloud provider. But amid the AI boom, analysts wonder if Microsoft is catching up.
Amazon Web Services profits squeezed as AI arms race drives spending surge
An increase in Amazon Web Services spending cut into the cloud giant’s profits in the second quarter as AWS raced to meet ...
Amazon Stock Hit On AWS: Analysts Brush Off Growth Concerns, 'Buyers Of AMZN On Weakness'
Amazon analysts raise price targets and highlight the long-term outlook as investors are cautious over AWS lower growth.
Why Amazon Stock Is Plummeting Today
Now, it’s worth noting Stock Advisor’s total average return is 1,036% — a market-crushing outperformance compared to 181 % ...
Amazon tops Q2 estimates with $167.7B in revenue, $18.2B in profits; AWS up 17% to $30.9B
Follow-up: Amazon Web Services profits squeezed as AI arms race drives spending surge Amazon beat estimates for its ...
Amazon Is Sinking Today -- Is the Stock a Buy Right Now?
Now, it’s worth noting Stock Advisor’s total average return is 1,036% — a market-crushing outperformance compared to 181 % ...
Amazon earnings recap: Stock falls on murky guidance and AI competition despite Q2 earnings beat
Amazon's stock sank on Thursday afternoon, weighed down by mixed guidance and AI competition, though the company beat Q2 ...