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AWS

Amazon Q1 Takeaways: Mixed Earnings, Lower Guidance Sends Stock Falling

Amazon Q1 Takeaways: Mixed Earnings, Lower Guidance Sends Stock Falling

AWS Recent News

AWS Still Leads Race, Google Grows Fastest: How Cloud Market Shaped Up In Q1

AWS Still Leads Race, Google Grows Fastest: How Cloud Market Shaped Up In Q1

The worldwide cloud market grew at a robust clip in the first quarter, and the big three vendors dominated, according to a new report released by Canalys. Cloud Spending Maintains Red-Hot Pace: First-quarter cloud infrastructure spending climbed 34% year-over-year and about 12% from the previous quarter to $55.9 billion, Canalys said.

May 2, 2022, 10:34 AM

Here's Why Analysts Are Lowering Price Targets On Amazon After Q1 Earnings

Here's Why Analysts Are Lowering Price Targets On Amazon After Q1 Earnings

E-commerce giant Amazon.com, Inc. (NASDAQ: AMZN) reported mixed earnings Thursday and announced guidance that came in lower than analysts' estimates for the second quarter. Here's why analysts are lowering their price targets and sound more cautious moving forward.

Apr 29, 2022, 5:55 PM

Amazon Q1 Takeaways: Mixed Earnings, Lower Guidance Sends Stock Falling

Amazon Q1 Takeaways: Mixed Earnings, Lower Guidance Sends Stock Falling

Amazon.com Inc (NASDAQ: AMZN) reported first-quarter financial results after market close Thursday. Here are the key highlights for investors.

Apr 28, 2022, 4:42 PM

Amazon (AWS) Vs. Microsoft (Azure) Vs. Google: How Cloud Revenues Stacked Up In Q4

Amazon (AWS) Vs. Microsoft (Azure) Vs. Google: How Cloud Revenues Stacked Up In Q4

The big three cloud vendors outperformed the Big Techs this reporting season. Here's a look at how their cloud businesses fared in the quarter. Cloud Spending Buoyant In Q4: Worldwide cloud infrastructure services spending topped $50 billion in a quarter for the first time in the fourth quarter of 2021, research firm Canalys said in a report.

Feb 4, 2022, 3:16 PM

Amazon Q4 Earnings Takeaways: Holiday Costs, Prime Price Hike, Stock Soars

Amazon Q4 Earnings Takeaways: Holiday Costs, Prime Price Hike, Stock Soars

Amazon.com Inc (NASDAQ: AMZN) shares popped more than 15% after reporting fourth quarter and fiscal year financial results after market close Thursday. Here are the key takeaways for investors.

Feb 3, 2022, 4:47 PM