Amazon held cloud revenue growth steady when rivals couldn’t. Analysts say the company wouldn’t be spending so much on AI if it didn’t see strong long-term demand.
s cloud business has grown at a 19% clip in each of the last three quarters. Should investors be worried that Chief Executive Andy Jassy predicted “lumpy” growth ahead? Not so, some analysts say.
Amazon held cloud revenue growth steady when rivals couldn't. And analysts say the company wouldn't be spending so much on AI if it didn't see strong long-term demand. Amazon.com Inc.'s cloud ...
Amazon, Microsoft, and Google faced capacity constraints in their data centers during Q4 2024, limiting their ability to meet ...
The company called out an ‘unusually large, unfavorable impact’ from currency, which is expected to hit first-quarter results.
Amazon's growth is driven by AI-related cloud demand and ad revenue, with AWS and advertising becoming major profit ...
"Q4 was another strong quarter for cloud services, helping to drive a full-year growth rate that was a full four percentage points higher than 2023," John Dinsdale, chief analyst at Synergy ...
Alphabet reported mixed results in its fourth-quarter financial report, with solid earnings growth that exceeded expectations but sales that fell short. Slower gains for the key Google Cloud ...
Amazon Web Services is grappling with capacity constraints due to AI chip shortages, impacting growth despite strong demand.
Many investors are watching the Google Cloud business closely, seeing it as the main growth driver to offset any competitive challenges to Alphabet's core search business. Gains of 30% in segment ...
The adoption of ERP systems is enabling companies to streamline operations, enhance decision-making and scale efficiently in a fast-paced market, says Mark Wilson, chief revenue officer at SYSPRO.
(Bloomberg) -- Google parent Alphabet Inc.’s shares dropped after slower growth in its cloud business contributed to lower-than-expected revenue in the fourth quarter. Quarterly sales ...