Page 662 - Amazon Web Services News Today

Now under mounting pressure from its owner Amazon.com Inc to cut costs, the company’s new chief executive officer is testing out a less expensive way of strengthening its bond with the creative community – a cross-country, listening tour.

Industry growth may not be enough to attract investors.

AI has been fueling this year's market rally. These two AI stocks have much further to climb.

These companies are expanding in lucrative areas of tech, making their stocks attractive options for patient investors.

Amazon (NASDAQ: AMZN) recently reported its third quarter results that did not impress the market much. While the company is seeing growth in ad and e-commerce spending, the continuing macro pressures have slowed down its cloud growth. Amazon meanwhile continues to invest in building its AI capabilities. Amazon's Financials Amazon's third quarter revenues grew 13% to $143.1 billion, ahead of the market's forecast of $141.5 billion. Net income of $0.94 per share blew past the Stree...

Visitors to Amazon’s “Builder Studio” in Manhattan can test cloud-based tech and develop prototypes alongside AWS engineers. Above: Raj Talasila, AWS’s senior…

Amazon is reopening several Fresh stores, with a focus on offering more products and a better customer experience

Amazon is reopening several Fresh stores, with a focus on offering more products and a better customer experience

Handelsbanken Fonder AB reduced its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 35.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 154,700 shares of the e-commerce giant’s stock after selling 83,200 shares during the period. Handelsbanken Fonder AB’s holdings in Amazon.com […]

These companies have carved out powerful positions in AI, and are excellent ways to back the budding industry.