AWS

Major Wall Street indices closed in the red on Monday as investor optimism on the much-anticipated Santa Claus rally began to fade over fears of recession gaining momentum. The Dow Jones index closed 0.49% lower, while the S&P 500 ended Monday’s session 0.9% down. The Nasdaq was the major...

Big tech earnings mostly surprised to the downside, prompting market analysts to comment that the market leadership is moving away from techs. Although Alphabet, Inc.’s (NASDAQ: GOOGL) (NASDAQ: GOOG) core search business and YouTube experienced weakness, its Cloud business was touted as a...

E-commerce leader Amazon.com Inc (NASDAQ: AMZN) reported third-quarter financial results after the market close Thursday. Here's what investors need to know.  What Happened: Amazon reported third-quarter revenue of $127.1 billion, an increase of 15% year-over-year. The total came in shy of...

E-commerce leader Amazon.com Inc (NASDAQ: AMZN) reported second-quarter financial results after the market close Thursday. Here are the key highlights for investors.  What Happened: Amazon reported net sales of $121.2 billion in the second quarter, up 7% year-over-year. The total came in ahead...

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...

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.  The Amazon Analysts...

Amazon.com Inc (NASDAQ: AMZN) reported first-quarter financial results after market close Thursday. Here are the key highlights for investors. What Happened: Amazon reported first-quarter revenue of $116.4 billion, up 7% year-over-year and ahead of a consensus estimate of $116.3 billion, according...

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...

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. What Happened: Amazon reported fourth-quarter net sales of $137.4 billion, up 9% year over year...

Heading into a new trading week, here is a quick roundup of the top five stories from the technology, corporate and cryptocurrency sectors that investors would not want to miss out on from the weekend. 1. Apple Poised To Touch $3 Trillion Market Cap: Tech giant Apple Inc. (NASDAQ: AAPL) is poised...

Amazon.com, Inc. (NASDAQ: AMZN) closed 2.8% higher on Tuesday despite its cloud computing arm, AWS, suffering an outage that affected multiple services across the U.S. East Coast. Streaming services such as Netflix Inc (NASDAQ: NFLX) and Walt Disney Co.’s (NYSE: DIS) Disney+ were...

A recent move by Amazon Inc. (NASDAQ: AMZN) suggests that its cloud computing unit — Amazon Web Services — may soon adopt cryptocurrencies. What Happened: Amazon is looking for an employee tasked with encouraging senior staff at financial institutions to consider adopting...

Amazon.com, Inc. (NASDAQ: AMZN) is the biggest e-commerce company and the fifth most valuable company in the world with a market capitalization of $1.8 trillion. Shares of the company have turned in an impressive 374% return over the last five years for shareholders. There is a lesser-...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. In the wake of more cloud outages, this platform offers businesses a cheaper, more reliable way to source processing power Last month...