Microsoft Corp. said it will spend more than $30 billion in the current quarter to build out the data centers powering its ...

NEW YORK >> U.S. stocks closed lower today as early gains faded, following the latest round of corporate earnings and economic data, as investors awaited results from megacaps Amazon and Apple due ...

A notable nugget for data platform watchers is with Azure Databricks and Snowflake on Azure both accelerating, Microsoft is ...

Amazon reported a 35 percent jump in quarterly profits Thursday as the e-commerce giant said major investments in artificial intelligence began paying off. - 'Curveballs' - Amazon Web Services (AWS), ...

Investors had big expectations for Amazon, and in particular the company's AWS cloud unit, following strong results from Microsoft (NASDAQ: MSFT). Amazon revenue and earnings were up 13% and 33%, ...

Amazon.com, Inc.'s Q2 impresses but shares dip on cautious Q3 outlook. Click for my updated look at AMZN stock and why I ...

AWS represents a small part of Amazon’s total revenue, but it is a key driver of profits, typically accounting for about 60% ...

Jassy told analysts that companies have two choices, to embrace and shape the change that's coming, or "wish it away and have it shape you." ...

The CMA determined that "competition is not working well" and has shared recommendations to solve the situation. An independent CMA panel found the cloud services market to be “highly concentrated,” ...

During Amazon's earnings call, an analyst asked CEO Andy Jassy for his response to the notion on Wall Street that the company was falling behind on generative AI development. Jassy, in response, said ...

Operating profit will be $15.5 billion to $20.5 billion in the period ending in September, compared with an average estimate ...

Stock dips despite solid results. Discover why long-term prospects remain strong with robust retail, cloud, AI & a 15.2% CAGR forecast.