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Amazon is still the biggest cloud provider. But amid the AI boom, analysts wonder if Microsoft is catching up.
You can learn a lot by watching who the market stops caring about. A year ago, if you whispered the words “Magnificent Seven, ...
Amazon.com, Inc.'s post-earnings dip is an overreaction. AWS remains a leader with $10B profits and 30% market share. Click ...
Big Tech firms announced increased spending on AI data centers and growing revenues from AI in their earnings reports this ...
Amazon.com shares AMZN.O fell 7% on Friday as the tech giant's results fanned investor fears its cloud unit was falling ...
Microsoft hit $4 trillion in stock market value on Thursday, becoming the second publicly traded company after Nvidia to ...
In a major development, US tech giants have spent more on artificial intelligence (AI) than the federal government has spent ...
Big Tech is spending more than ever on artificial intelligence - but the returns are rising too, and investors are buying in.
CNBC’s MacKenzie Sigalos reports on Amazon’s sharp stock drop despite an earnings beat, as AWS lags behind Microsoft and Google in year-over-year cloud growth.
Amazon.com shares tumbled 8 per cent on Friday, as the tech giant's results fanned investor fears its cloud unit was falling ...
Not only did Amazon, Apple, Meta, and Microsoft show strong growth throughout their giant businesses, but execs also conveyed that AI is unlocking new avenues of growth for the quarter to come. Their ...