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 ...
The company called out an ‘unusually large, unfavorable impact’ from currency, which is expected to hit first-quarter results.
Amazon, Microsoft, and Google faced capacity constraints in their data centers during Q4 2024, limiting their ability to meet ...
Amazon's growth is driven by AI-related cloud demand and ad revenue, with AWS and advertising becoming major profit ...
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.
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The software company wants to continue offering more conservative financial guidance than in the past, given the level of ...
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 ...
But the company fell short on its important cloud segment revenue. The company also dramatically expanded its capital expenditures for the year ahead, from $57.9 billion to a planned $75 billion.
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