April 29 : Amazon.com on Wednesday reported cloud sales growth above Wall Street expectations, driven by strong enterprise spending as companies continue to devote tremendous resources to their artificial intelligence efforts. Still, shares dipped about 3.7 per cent in extended trading after it projected cur

April 29 : Amazon.com on Wednesday reported cloud sales growth above Wall Street expectations, driven by strong enterprise spending as companies continue to devote tremendous resources to their artificial intelligence efforts. Still, shares dipped about 3.7 per cent in extended trading after it projected cur

April 29 : Amazon.com on Wednesday reported cloud sales growth above Wall Street expectations, driven by strong enterprise spending as companies continue to devote tremendous resources to their artificial intelligence efforts. Revenue at Amazon Web Services (AWS) jumped 28 per cent to $37.6 billion in the fi

April 29 : Amazon.com on Wednesday reported cloud sales growth above Wall Street expectations, driven by strong enterprise spending as companies continue to devote tremendous resources to their artificial intelligence efforts. Revenue at Amazon Web Services (AWS) jumped 28 per cent to $37.6 billion in the fi

April 29 : Amazon.com on Wednesday reported cloud sales growth above Wall Street expectations, driven by strong enterprise spending as companies continue to devote tremendous resources to their artificial intelligence efforts. CEO Andy Jassy said the company was maintaining its target for $200 billion in AI i

April 29 : Alphabet topped Wall Street estimates for quarterly revenue on Wednesday, as enterprise spending on artificial intelligence delivered the best quarter of growth for its cloud unit since the start of the AI boom.Shares of the company were up more than 7 per cent in extended trading.The Google

April 29 : Microsoft's modest increase in quarterly cloud revenue growth on Wednesday failed to impress investors worried about rising competition in the artificial intelligence race, and its shares fell more than 2 per cent in extended trading.Revenue at the company's Azure cloud-computing unit jumped 40 per

April 29 : Microsoft's modest increase in quarterly cloud revenue growth on Wednesday failed to impress investors worried about rising competition in the artificial intelligence race, and its shares fell more than 2 per cent in extended trading.Revenue at the company's Azure cloud-computing unit jumped 40 per

April 29 : Alphabet topped Wall Street estimates for quarterly revenue on Wednesday, as enterprise spending on artificial intelligence delivered the best quarter of reported growth for its cloud unit yet.Shares of the company were up more than 6 per cent in extended trading.The Google parent company's

April 29 : Microsoft on Wednesday forecast that sales at its Azure cloud business would beat Wall Street forecasts this year, and the software giant unveiled plans for 2026 capital spending of $190 billion, which also surpassed expectations.After the forecast, Microsoft shares were even with their close, rebo

April 29 : Microsoft on Wednesday forecast that sales at its Azure cloud business would beat Wall Street estimates, and the software giant unveiled plans for 2026 capital spending of $190 billion, which also surpassed expectations.After the forecast, Microsoft shares were even with their close, rebounding fro

April 29 : Microsoft on Wednesday forecast that sales at its Azure cloud business would beat Wall Street forecasts this year, and the software giant unveiled plans for 2026 capital spending of $190 billion, which also surpassed expectations.After the forecast, Microsoft shares were even with their close, rebo

April 29 : Alphabet topped Wall Street estimates for quarterly revenue growth at its cloud computing unit on Wednesday, driven by sustained enterprise spending on artificial-intelligence infrastructure.Shares of the company were up about 4 per cent in extended trading.Alphabet's total revenue rose 22 p

Amazon on Wednesday reported a strong increase in profits and net sales during its fiscal first quarter, helped by surging growth in its prominent cloud computing unit. The e-commerce and technology company said that sales in its cloud computing unit were up by 28%, the fastest increase in 15 quarters.…

Amazon on Wednesday reported a strong increase in profits and net sales during its fiscal first quarter, helped by surging growth in its prominent cloud computing unit.