Amazon Web Services

Microsoft Corporation (NASDAQ: MSFT) likely will beat Wall Street's expectations, and the software giant's cloud computing capabilities around Azure will be a key factor in its success, a Wedbush analyst said on Sunday. What Happened: Wedbush Analyst Daniel Ives has an outperform...

Parler, the conservative alternative to Twitter Inc (NYSE: TWTR) and Facebook Inc, (NASDAQ: FB) continues to see itself cut off from major tech services. What Happened: Saturday night, Apple Inc (NASDAQ: AAPL) and Amazon.com, Inc. (NASDAQ: AMZN) discontinued services to Parler. Apple...

Amazon Inc (NASDAQ: AMZN) disclosed plans to retrain 29 million people globally in cloud-computing skills by 2025. As a part of the effort, Amazon will offer cloud computing training events using current AWS designed programs and newly developed courses. What Happened: The...

Amazon.com, Inc. (NASDAQ: AMZN) and Toyota Motor Corp (NYSE: TM) late Monday announced an expanded collaboration agreement for cloud-based data services. What Happened: Toyota said it's expanding its collaboration with Amazon's AWS to help develop, deploy and manage the next-...

Amazon Inc (NASDAQ: AMZN) celebrated its 25th anniversary earlier this month. But the way the company grows and innovates—not to mention how its stock price moves—you’d think it’s a young startup. In his most recent letter to shareholders, AMZN CEO Jeff Bezos stated that if...

Amazon Inc. (NASDAQ: AMZN) announced Wednesday it would prohibit the police use of Rekognition, its facial recognition software, for one year after outrage swept the United States over the killing of George Floyd, an African-American by a white policeman in Minneapolis. What...

On May 15, 1997, Amazon.com, Inc. (NASDAQ: AMZN) held its initial public offering. In the past 23 years, the SPDR S&P 500 ETF Trust (NYSE: SPY) is up 236%, but it’s safe to say Amazon IPO investors have done much, much better. Amazon’s Transformation Jeff Bezos founded Amazon in...

Microsoft Corporation (NASDAQ: MSFT) reported strong fiscal third-quarter results and Amazon.com, Inc. (NASDAQ: AMZN) beat on the top-line in its first quarter, but the e-commerce platform's earnings took a hit from higher fulfillment costs. A common theme that ran through the quarterly results...

Earlier in April, stocks had their best week since 1974. Barring a major setback today, they now have a chance for the best month since 1974. It’s amazing to think we’ve had gains not seen in 46 years when just last month was the kind you hope doesn’t happen for at least another...

Amazon.com, Inc. (NASDAQ: AMZN) has weathered some fierce economic storms—the dot-com selloff two decades ago, the financial crisis of 2008-09, and the European debt debacle. Now, signs are pointing to the online retail and cloud computing behemoth holding up well during the economic downturn...

Amazon.com, Inc. (NASDAQ: AMZN) and other rivals vied for a piece of the worldwide cloud infrastructure services market as spending rose 37% to top US$107 billion in 2019. What Happened Data released by Canalys indicates that the total expenditure on cloud services reached a record high to exceed $...

Amazon.com, Inc. (NASDAQ: AMZN) is delivering returns to investors even faster than it can deliver stuff to your door. Amazon's stock was surging Friday as investors responded to the delivery giant's strong fourth-quarter print, sending the company's market valuation above $1 trillion....

One of the highest-growth secular tech trends of the 2020s will be cloud computing. Gartner projects global public cloud revenue will grow 17% in 2020 to $266.4 billion. Software-as-a-service (SaaS) is the largest segment, which Gartman projects will account for $116 billion in spending this year....

Can Alphabet Inc.'s (NASDAQ: GOOGL) Google Cloud compete with the two industry giants? And if it can’t, will it shift its focus elsewhere? A report in The Information suggested Google is pushing to have its cloud computing services unit beat at least one of the big two in the space,...

Around the holidays Amazon.com Inc. (NASDAQ: AMZN) is probably best known for being one of Santa's biggest helpers, delivering presents to homes at a furious pace. But as the company rolls out several new Amazon Web Services products and new innovations in machine learning, and its Amazon...