Page 357 - Amazon Web Services News Today

"Amazon was a clear winner in the 2023 holiday season, thanks to its commanding presence over an extended shopping period and a renewed emphasis on speedier delivery and essential categories prioritized by consumers," said Insider Intelligence senior analyst Sky Canaves. He forecast Amazon expanding its U.S. ecommerce market share this year.

Amazon.com beat fourth-quarter revenue expectations on robust growth in its cloud business and online spending during the critical holiday shopping season.

The tech giant posted the largest quarterly operating income in its history on the back of cost-cutting and faster revenue growth in key divisions.

Three of last year's best winners still have room to run.

Cloudflare suffered nation-state attack. Hackers accessed documentation, source code, and attempted data center breach. Read full story for details.

Net sales for Amazon increased 14 per cent to $170 billion in the holiday quarter that ended December 31, 2023, compared with $149.2 billion in the fourth quarter of 2022.Amazon CEO Andy Jassy said the past holiday season was ...

Amazon announced robust sales and exceeded operating income estimates, showcasing CEO Andy Jassy's cost-cutting strategies.

Twenty analysts surveyed by FactSet raise their price targets on Amazon stock after the company’s earnings.

Amazon.com beat fourth-quarter revenue expectations on Thursday as new generative AI features in its cloud.

While AWS looks to capitalize on the demand for AI-based workloads, rivals Microsoft and Google showed greater revenue growth momentum in the December quarter.