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Gloomy guidance and increased cloud competition weigh on Amazon’s stock, despite solid earnings beat
Gloomy guidance and increased cloud competition weigh on Amazon's stock, despite solid earnings beat - SiliconANGLE ...
What a day! Apple surprised with a much better quarter than it had projected, lifting revenue in the June quarter 10%, thanks to 13% higher iPhone revenue, the best iPhone quarter in four years.
Amazon CEO Andy Jassy tried to calm concern about AI cloud competition. Wall Street isn't buying it.
On an earnings conference call, analysts asked tough questions about cloud growth and AI rivals. Jassy's answers didn't quell the worries.
A new Microsoft study reveals which jobs are most exposed to generative AI disruption—historians, translators, and sales reps top the list, while hands-on labor remains relatively safe.
Amazon and Microsoft are required to transfer foreign data, including that of Americans, to the Chinese Communist Party upon request, according to the report.
Apple reported strong iPhone sales and rebound in revenue from China, giving a much-needed boost to two parts of the ...
Apple shook off a thicket of tariffs and a botched entry into artificial intelligence to accelerate its revenue growth during its springtime quarter, but the trendsetting company still faces a bumpy r ...
Amazon.com CEO Andy Jassy talked about AI, AWS, Microsoft’s cloud business, tariffs and more on Thursday’s Q2 2025 earnings call.
CoreWeave shareholders have become accustomed to volatility. After floating at a price of $40, the AI-cloud computing almost ...
Apple on Thursday reported sales and profit that far surpassed expectations, with some customers making iPhone purchases ...
Wall Street has been tempering their expectations for rate cuts at the Fed’s next meeting in September. Traders now see a ...
CNBC’s MacKenzie Sigalos reports on Amazon’s move to raise its quarterly capital spending to $31.4 billion, setting an annualized pace above $118 billion and escalating the hyperscaler race against ...
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