Staff at Amazon are still reeling from a fresh round of layoffs that saw thousands of corporate workers lose their job as execs appeared to sacrifice employees for their topline. In a memo to all ...
Overall, Amazon's revenue rose by 13% year over year to $180.2 billion, which came in above the $177.8 billion analyst consensus, as compiled by LSEG. Earnings per share climbed 36% to $1.95, which ...
Amazon's Q3 earnings beat forecasts, but AWS growth lags rivals. Click here to know why analysts remain bullish and when to ...
Ripple effect: An Amazon Web Services outage knocked dozens of popular online platforms offline across much of the world, including Amazon, Alexa, Ring, Snapchat, Reddit, Fortnite, ChatGPT, and the ...
(Bloomberg) -- It’s no exaggeration to say Amazon.com Inc. invented the cloud business. Amazon Web Services took the corporate data center apart and split it into pieces, building pay-as-you go ...
Amazon Web Services (AWS) has introduced a planning tool to streamline global cloud deployment planning. AWS Capabilities by ...
Amazon turned in strong third-quarter results, led by growth at AWS. Meanwhile, its e-commerce operations continue to see strong operating leverage. The stock looks reasonably valued with growth set ...
Amazon popped as much as 12% after the retail giant reported earnings for the last quarter. AWS was the showstealer, with sales in Amazon's cloud business growing 20%. The latest rally has added ...
Just a few days after taking out half of the world’s internet, Amazon is undergoing the biggest layoffs in the corporation’s 31 year history. Reuters was the first to alert workers that the job cuts ...
Amazon to cut 14,000 jobs amid AI adoption Layoffs affect multiple divisions, including AWS and Prime Video AI seen as transformative, enabling faster innovation, Amazon says Oct 28 (Reuters) - Amazon ...
Amazon will release its quarterly financial results after the stock market closes on Thursday, Oct. 30, just days after the company announced it’s laying off 14,000 employees as it scales its ...
Amazon Web Services users are fuming after the servers reportedly went down for the second time in 10 days on Wednesday. According to Downdetector.com, which tracks outages to major tech companies and ...