Cloud run hits Amazon shares: Stock drops over 7% as AWS trails Microsoft and Google in AI-driven cloud growth; $170bn market cap erased
Amazon shares experienced a significant drop following the release of its Q2 earnings report, primarily due to the slower-than-expected growth of Amazon Web Services (AWS). ...
Cloud run hits Amazon shares: Stock drops over 7% as AWS trails Microsoft and Google in AI-driven cloud growth; $170bn market cap erased
Amazon shares experienced a significant drop following the release of its Q2 earnings report, primarily due to the slower-than-expected growth of Amazon Web Services (AWS). ...
Alphabet Q2 results: Google-parent earnings shine, beat estimates; AI drives growth across business
Alphabet’s second-quarter earnings surpassed expectations, fueled by artificial intelligence advancements across its divisions. The company reported a profit of $28.2 billion on revenue of $96.4 ...
Forget Nvidia’s $4 trillion valuation! This tech company is set to cross $4.5 trillion market cap, thanks to its big AI bets
Nvidia’s market dominance in AI chips faces challenges from competitors and clients developing custom silicon. While Nvidia’s valuation soared, Microsoft, fueled by Azure’s growth and ...
Oracle stock surges: Hits record high on $30bn cloud deal; revenue to flow from FY28
Oracle’s stock surged to a record high following the announcement of a major cloud computing agreement projected to generate over $30 billion in annual revenue ...
