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Amazon's AWS growth slows compared to Microsoft Azure and Google Cloud, with weaker AI infrastructure and chip performance, prompting a downgrade and major price target cut.
Alphabet (GOOGL) posted record Q3 results driven by AI innovation and cloud growth, surpassing Microsoft in cloud expansion, while Amazon's AWS growth lagged, leading to mixed signals among Mag 7 tec…
Amazon plans to cut up to 30,000 corporate jobs to reduce bureaucracy and leverage AI productivity, while AWS growth slows compared to peers. Despite layoffs, Amazon expects strong holiday hiring and…
Amazon's AWS growth slowed to 17% YoY, trailing Microsoft and Google, while retail strength, Prime penetration, ad revenue growth and warehouse robotics support margins. High capex and macro risks ke…