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Amazon, Google Cloud Storage

Reuters on MSN · 22h

Amazon tumbles after cloud computing growth disappoints investors

By Aditya Soni and Kanchana Chakravarty (Reuters) -Amazon.com shares fell 7% on Friday as the tech giant's results fanned investor fears its cloud unit was falling behind Microsoft and Alphabet in the artificial intelligence race.

Fast Company · 1d

Amazon’s profit outlook overshadowed by cloud computing results

The tech giant expects total net sales to be between $174.0 billion and $179.5 billion in the third quarter, compared with analysts’ average estimate of $173.08 billion.

Hosted on MSN · 1d

Amazon slides after cloud computing growth underwhelms investors

(Reuters) -Amazon.com shares dropped nearly 8% before the bell on Friday, after growth in its cloud computing unit failed to impress investors, in contrast to the robust gains reported by AI-focused rivals Alphabet and Microsoft.

Microsoft, cloud computing

The Seattle Times · 12h

Why is Microsoft soaring while Amazon sinks? AI growing pains

Amazon is still the biggest cloud provider. But amid the AI boom, analysts wonder if Microsoft is catching up.

Financial Times · 2d

Microsoft profits soar almost 25% on boom in cloud computing

US tech giant’s valuation set to pass $4tn as investors embrace plans to spend $120bn on artificial intelligence next year

Daily Journal · 1d

Microsoft quarterly profits soar on AI and cloud growth

Technology giant Microsoft on Wednesday said its profit soared above expectations in the recently ended quarter, driven by its cloud computing and artificial intelligence (AI) units.

2don MSN

Microsoft’s Cloud Unit, Bolstered by AI Demand, Supercharges Earnings

Much of company’s recent growth has come through the cloud business, which AI companies have been using to host models.

1don MSN

Dominance of Amazon and Microsoft in cloud harming competition, UK says

The dominant position of Amazon and Microsoft in cloud computing is harming competition, with their impact exacerbated by ...

2don MSN

Microsoft's annual cloud revenue hits $75 billion, profit beats expectations

Microsoft reveals that its Azure cloud computing platform has generated over $75 billion in annual revenue, marking a 34% ...

1don MSN

Why Rigetti Computing Stock Is Soaring Today

Rigetti Computing shares jumped after Microsoft signaled quantum computing as the next leap in cloud technology.

2don MSN

Microsoft Stock Jumps on AI, Cloud Strength in Latest Quarter

Shares in the software giant rose 7.3 percent to $551 in after-hours trading as investors anticipate greater artificial ...

3don MSN

The Cloud Computing Risk for the Economy That Many Don't See Coming

Cloud computing's reliance on AWS, Microsoft Azure, and Google Cloud creates hidden economic risks. Learn how market ...

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