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Amazon, Profit Outlook and Cloud Growth Spook

Reuters on MSN · 14h

Amazon tumbles after cloud computing growth disappoints investors

Amazon.com shares AMZN.O fell 7% on Friday as the tech giant's results fanned investor fears its cloud unit was falling behind Microsoft and Alphabet in the artificial intelligence race.

Fast Company · 1d

Amazon’s profit outlook overshadowed by cloud computing results

The tech giant expects total net sales to be between $174.0 billion and $179.5 billion in the third quarter, compared with analysts’ average estimate of $173.08 billion.

Bloomberg on MSN · 20h

Amazon Falls as Profit Outlook, Cloud Growth Spook Investors

Amazon.com Inc. dropped after projecting weaker-than-expected operating income and trailing the sales growth of its cloud rivals, leaving investors searching for signs that the company’s huge investments in artificial intelligence are paying off.

Microsoft joins exclusive $4T market cap club

Fox Business on MSN · 1d

Microsoft joins exclusive $4T market cap club after AI surge, joining only one other company

Nvidia welcomed Microsoft to the exclusive $4 trillion club as America's tech giants plow through growing demand for artificial intelligence.

UPI News on MSN · 1d

Microsoft reaches $4 trillion market value, joins Nvidia

Microsoft jumped past the $4 trillion market value mark Thursday, joining Nvidia as only the second public company ever to achieve the financial feat.

Business Insider on MSN · 1d

Microsoft is set to join Nvidia in $4 trillion market cap club after strong earnings report

Microsoft isn't slowing down. The world's second-largest company by market cap reported blockbuster fourth-quarter earnings, sending shares surging so high after hours that the tech giant is set to become a member of the exclusive $4 trillion club.

4h

Why is Microsoft soaring while Amazon sinks? AI growing pains

Amazon is still the biggest cloud provider. But amid the AI boom, analysts wonder if Microsoft is catching up.

2don MSN

Microsoft’s Cloud Unit, Bolstered by AI Demand, Supercharges Earnings

Much of company’s recent growth has come through the cloud business, which AI companies have been using to host models.

1don MSN

Amazon cloud computing results fail to impress, shares dive

Amazon.com failed to live up to lofty expectations for its Amazon Web Services cloud computing unit after rivals handily beat ...

1don MSN

Why Rigetti Computing Stock Is Soaring Today

Rigetti Computing shares jumped after Microsoft signaled quantum computing as the next leap in cloud technology.

2don MSN

Microsoft's annual cloud revenue hits $75 billion, profit beats expectations

Microsoft reveals that its Azure cloud computing platform has generated over $75 billion in annual revenue, marking a 34% ...

1don MSN

Microsoft reaches $4 trillion valuation — for a moment, at least — after big earnings report

Microsoft surpassed a $4 trillion market valuation for the first time after a strong earnings report, driven by AI and cloud ...

3don MSN

The Cloud Computing Risk for the Economy That Many Don't See Coming

Cloud computing's reliance on AWS, Microsoft Azure, and Google Cloud creates hidden economic risks. Learn how market ...

1don MSN

Microsoft Surges on Robust Cloud Growth, Record AI Spending

Microsoft Corp. said it will spend more than $30 billion in the current quarter to build out the data centers powering its ...

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