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AMAZON CLOUD BUSINESS
Amazon projects fourth quarter sales below estimatesIt expects revenue of between $240.0 billion and $247.0 billion in the fourth quarter, compared with analysts' average estimate of $244.51 ...- Amazon cloud business accelerates but shares drop on profit missAmazon experienced a notable decline of over seven percent in its shares following the release of its quarterly earnings, which failed to m...
- Amazon burns cash, Intel flags weak PC demand as AI boom's costs ripple across marketsAs Wall Street grows increasingly anxious about AI-related expenditures, major tech giants like Amazon and Intel display alarming financial...
- Big Tech earnings: Microsoft, Google see cloud revenues surgeMicrosoft's total revenues hit $92.3 billion against expectations of $90.6 billion, with profits of more than $36.6 billion versus the $35....
- Alphabet's heavy cloud spending drives bigger-than-expected cash burnThe company reported negative free cash flow of $9.07 billion, compared with analysts' estimate of a cash burn of $36 million, according to...
- Amazon layoffs to 'improve efficiency': What they mean for employees & how they compare with job cuts at Microsoft, Netflix and Oracle across Big TechAmazon layoffs: Amazon has cut around 250 jobs in its devices and services division, primarily in software development, as it looks to stre...
- Meesho loss narrows; Sanjeev Bikhchandani back as Info Edge CEOMeesho cut its losses in the July-September quarter, while growth continued. This and more in today’s ETtech Top 5.
- Big Tech turning to equity to raise funds for AIMeta plans to raise up to $98 billion to fund AI infrastructure, making it one of the largest equity financing plans ever. Stocks worth onl...
- Amazon lays down AI usage guidelines for software engineers; here’s what it wantsAmazon recently issued internal guidelines regarding the use of artificial intelligence by its software engineers. The guidelines emphasize...
- Satya Nadella owns only a tiny stake in Microsoft; how the CEO built an estimated $1.4 billion fortuneSatya Nadella’s $1.4 billion fortune did not come from owning a large part of Microsoft. The CEO built his wealth mainly through company sh...
- Anthropic IPO: Here are some of the key people of Indian origin behind the AI giantAs the artificial intelligence company prepares for the next phase in its journey, let’s take a look at several top people in the organisat...
- AI bubble bursting or just letting out air? Neoclouds may offer cluesElon Musk has warned that over 200 neocloud companies may face significant challenges, including potential failures and consolidation. Desp...
- Microsoft, Amazon and Google may spend $600 billion on AI in 2026. Will investors see returns?Microsoft, Amazon and Google could spend as much as $600 billion on AI in 2026, but investors want to know whether the massive investment w...
- Big Tech earnings a test of the AI boom amid market turmoilInvestors are pressing for evidence that the AI boom can deliver swift returns to justify its enormous price tag. Rising bond yields at AI ...
- Anthropic vs OpenAI: How Claude maker’s growth is challenging ChatGPT ahead of IPOAnthropic has seen significant revenue growth, reaching $16.29 billion in the first half of 2026. OpenAI continues to expand its business m...
- Why is Verizon stock down today? Verizon Communications Inc share price falls at US Stock MarketVerizon now expects to add between 1.1 million and 1.2 million postpaid phone subscribers this year compared with earlier projections of 75...
- Verizon lifts annual forecasts, signs more than $2 billion AI infrastructure deal with AWSVerizon is feeling positive about the growth of its wireless subscribers, raising its expectations for postpaid phone additions. The compan...
- Big Tech’s AI push faces a $1 trillion profit test, says UBSUBS Global Research indicates that major cloud companies must generate an additional $1 trillion in operating profits by 2031. They are exp...
- US stocks face crucial test as AI earnings, Fed meeting loomUS stocks face a crucial week as earnings from Alphabet, Microsoft and Amazon coincide with the Federal Reserve’s policy decision. Investor...
- Anthropic recorded net loss of over $80 billion in first half of this yearThe company generated $16.3 billion in revenue during the six months ended June 30, compared with $1.1 billion in the corresponding period ...
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