Amazon Web Services

Shares of Amazon.com, Inc. (NASDAQ: AMZN) gained more than 100 percent throughout 2015. Justin Post of Bank of America maintained a Buy rating on shares with a price target boosted to $775 from a previous $740. The analyst noted the company is gaining share in e-commerce and AWS....

Deutsche Bank predicts that Amazon.com, Inc. (NASDAQ: AMZN)'s AWS will be a major cloud infrastructure disruptor in the next decade. With AWS as the clear leader, Deutsche Bank sees Microsoft Corporation (NASDAQ: MSFT) as the other primary beneficiary from the cloud transition. The...

Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) on Monday said that it was creating a holding company, Alphabet, to house the core Google brand as well as a plethora of its other brands. Analysts have generally reacted favorably on the move, pointing out that the new structure will give...

Axiom Capital Analyst Victor Anthony said that it was "unlikely" that Amazon.com, Inc. (NASDAQ: AMZN) will spin off Amazon Web Services. But that doesn't stop bullish investors from continuing to "hold onto a spin as a future option to enhance shareholder value." Anthony pegged AWS' value at $116...

Analysts at Bank of America Merrill Lynch tagged a large valuation on Amazon.com, Inc. (NASDAQ: AMZN) Web Services (AWS) following an AWS summit in New York City. Research Analyst Justin Post valued the company at 5.5x expected 2016 revenues, which gives AWS a value of $125 per share. Post then...

Amazon.com, Inc. (NASDAQ: AMZN) stock is up almost 40 percent year-to-date and the Street is getting even more optimistic about the company. R.J. Hottovy, Morningstar analyst, was on CNBC Friday to explain the reason for this optimism. Getting Back To Basics “The company has gotten back...

Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) just escalated its cloud computing pricing war with Amazon.com, Inc. (NASDAQ: AMZN), slashing its prices by 30 percent. The price cuts are primarily large for small instances, with the Micro instance now costing just $0.006 per hour. High CPU...

The cloud and cloud storage space has seen significant price cuts in the past few years. For a company that solely depends on such services for its earnings, price cuts would logically reduce growth and profitability. However, Box Inc (NYSE: BOX) CEO Aaron Levie thinks otherwise. Levie was on CNBC...

Amazon.com, Inc. (NASDAQ: AMZN) recently had another bad quarter and disappointed investors. Can the company ever turn things around? "The whole business model of not making money on the core delivery business -- I think that is gonna be a major problem," John Thompson, CEO and...

Google (NASDAQ: GOOG), by dropping cloud computing costs by a third and storage rates by two thirds, made a big statement about the fact it considers profit margins to be too fat. When was the last time a company said that? At its Google Cloud Platform event in San Francisco, Tuesday, the...

After much anticipation and heavily speculation the Federal Reserve announced a $10 billion per month taper. Treasury purchases will be cut to $40 billion per month with MBS purchases cut to $35 billion per month. The Fed's move shouldn't come as a surprise as recent economic data and...

When the CIA gave a $600 million cloud computing contract to Amazon (NASDAQ: AMZN) earlier this year, IBM (NYSE: IBM) appealed to the Government Accountability Office (GAO) – stating that Amazon Web Service’s (AWS) bid does not fall within the set criteria within the contract. While GAO stated...