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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 ...
In a major development, US tech giants have spent more on artificial intelligence (AI) than the federal government has spent ...
Microsoft hit $4 trillion in stock market value on Thursday, becoming the second publicly traded company after Nvidia to ...
Big Tech is spending more than ever on artificial intelligence - but the returns are rising too, and investors are buying in.
The increasing investment in infrastructure is reinforcing the dominance of a few large players in the tech industry. While ...
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 ...
Amazon's shares witnessed a decline. This drop happened because investors are worried about Amazon Web Services. AWS seems to ...
AWS growth is under scrutiny after Amazon CEO Andy Jassy's earnings call failed to reassure investors. Brad Erickson, RBC ...
There was a time when investors disapproved tech companies spending on AI, but this quarter showed a different story. Tech ...