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Amazon, Google Cloud Platform
Amazon slips as slowdown in cloud growth weighs on sales forecast
(Reuters) -Amazon shares dipped 3.3% in premarket trading on Friday after the online retailer's cloud growth fell short of expectations, prompting a subdued sales forecast for the current quarter. Amazon Web Services (AWS),
Amazon’s quarterly profits soar to a record $20 billion, but cloud growth comes up short
Amazon's beat Wall Street's overall expectations with $187.8 billion in net sales, up 10%, and came in well ahead on the bottom line, with earnings of $1.86 per share, vs. expectations of $1.48 for the fourth quarter.
Amazon Beats Quarterly Revenue Estimates, Cloud Growth Lags
Amazon.com topped Wall Street estimates for quarterly revenue on Thursday, as strong sales over the holiday shopping season boosted its retail business, helping offset weakness in the cloud computing unit.
12h
on MSN
Amazon Earnings Are Today. Why It’s All About AWS.
Wall Street expects Amazon Web Servicesrevenue of $28.8 billion for the quarter, an increase from last year’s $24.2 billion.
Shacknews
12h
Amazon (AMZN) AWS Q4 2024 revenues grew 19% to $28.8 billion from Q4 2023
The revenue figure for AWS can be found in Amazon’s Q4 2024 earnings report. Amazon Web Services, which provides server ...
11h
on MSN
Amazon shares slide as weak revenue outlook, AI spending rattle investors
Amazon joined Microsoft and Google parent Alphabet in posting slowing cloud growth in last year’s fourth quarter.
12h
Amazon's AWS miss adds to Big Tech's cloud woes
Amazon (AMZN) stock is in focus after the company reported quarterly results and released weaker-than-expected first quarter ...
9h
Amazon Web Services says GameLift can support up to 100M concurrent users per game
Amazon Web Services (AWS) said it has benchmark tested support for up to 100 million concurrent users (CCU) for a single game.
12h
on MSN
Amazon EPS Jumps 86%, Beats Forecasts
Amazon has turned in better-than-expected Q4 2024 earnings results, driven by strong performances in AWS and international markets, though high capital expenses loom.
1d
on MSN
Amazon earnings preview: AWS cloud growth, AI demand, trade wars among key issues to watch
Amazon Web Services growth will be a major factor in Amazon's earnings report Thursday, along with questions about AI demand ...
12h
Amazon fourth-quarter cloud revenue falls just shy of Wall Street estimates
All three of the top companies providing cloud-based computing and storage delivered less fourth-quarter revenue from this ...
Washington Technology
6h
Booz Allen, AWS forge deeper alliance to speed federal modernization
Their new five-year agreement aims to accelerate the adoption of artificial intelligence and cloud technologies as the Trump ...
Impacts
1d
AWS Collaborates with Bouygues to Accelerate Innovation Across Key Sectors
AWS has collaborated with Bouygues to accelerate digital transformation in construction, energy and services, media, and ...
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