AI, e-commerce fuel bumper quarter for Amazon
Amazon.com beat fourth-quarter revenue expectations on Thursday as new generative AI features in its cloud.
Source: insideretail.asia
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When You Look Back in 5 Years, You'll Wish You'd Bought This Trillion-Dollar Artificial Intelligence (AI) Stock
Microsoft is now the world's largest company with a $3 trillion valuation, and artificial intelligence (AI) is fueling its next phase of growth.
Source: fool.com
AWS sees another record year for Amazon as AI push drives cloud growth
AWS revenue continues to climb
Source: techradar.com
Cloud Stocks: Analysis of Microsoft's AI Platform Strategy
This week, Microsoft (Nasdaq: MSFT) announced its second quarter results that surpassed market expectations driven by its leading position in GenAI. After its success with PaaS, it is now looking at replicating it to AI platform or AI models. Microsoft's Financials Microsoft's second quarter revenues grew 18% to $62 billion, significantly ahead of the market's forecast of $61.1 billion. EPS was $2.93, which was also ahead of the Street's forecast of $2.78. Microsoft's Intelligent Cloud segment revenues grew 20% to $25.9 billion versus the estimate of $25.29 billion. G...
Source: sramanamitra.com
Microsoft Q2 Earnings Call: What Drove The Revenue Beat And What Is The Growth Outlook? - Microsoft (NASDAQ:MSFT)
Microsoft reported a Q2 Earnings beat with second-quarter revenue of $62 billion, up 18% year-over-year.
Source: benzinga.com