The Wall Street consensus expectations are for Amazon to report December quarter revenue of $211.4 billion with adjusted ...
Demand for Microsoft’s artificial-intelligence services continues to pay off for the company. Its cloud computing unit saw another high-growth quarter, while the tech giant spends heavily on building ...
Revenue from the company’s cloud computing unit failed to meet analysts’ expectations.
SAN FRANCISCO (Reuters) -Amazon cut at least hundreds of jobs in its Amazon Web Services cloud computing unit on Thursday, two sources said, just a month after CEO Andy Jassy warned that adoption of ...
Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) share prices tumbled as much as 8.4% following its Q4 earnings report as the market came away disappointed with the tech giant's cloud computing revenue growth ...
Amazon shares fall on struggle to keep up with AI demand despite plans for $100B in capital spending
Amazon shares dropped 4% on Friday after CEO Andy Jassy warned the company could face capacity constraints in its cloud computing unit — despite plans to spend $100 billion on capital expenditures ...
Microsoft’s More Personal Computing division was the only business unit to post a revenue decline this quarter.
Amazon.com Inc.’s cloud unit has built its first quantum-computing chip, joining a growing roster of technology companies showing off futuristic hardware. Alphabet Inc.’s Google and Microsoft Corp. in ...
With the growth of organizations operating at cloud scale, the challenges associated with managing cloud spend complexity have commensurately risen. A common struggle of optimizing cloud spend is to ...
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