AWS

Microsoft reported first-quarter revenue and earnings per share that came in ahead of consensus estimates Tuesday. Azure and the gaming sector were highlights for the Street analysts who cover the tech giant.  Azure A Q1 Highlight: Raymond James analyst Robert Majek reiterated a Strong...

Amazon.com, Inc. (NASDAQ: AMZN) and Toyota Motor Corp (NYSE: TM) late Monday announced an expanded collaboration agreement for cloud-based data services. What Happened: Toyota said it's expanding its collaboration with Amazon's AWS to help develop, deploy and manage the next-...

The Nasdaq index closed Monday at a record high and is up around 20% since the start of 2020. Despite the strong rally, investors should "absolutely" still be buyers of tech stocks, according to D.A. Davidson's Tom Forte. What Happened: The global COVID-19 pandemic marks the beginning...

Shares of Amazon.com, Inc. (NASDAQ: AMZN) could double in value over the long-term as the company continues to focus on growing services revenue, Needham analyst Laura Martin said on CNBC's "Worldwide Exchange." Media Power: Investors tend to mischaracterize Amazon as an e-commerce...

Amazon Inc. (NASDAQ: AMZN) and Slack Technologies Inc. (NYSE: WORK) are forming a strategic partnership that will help the two companies take on Microsoft Corporation (NASDAQ: MSFT) whose Teams video-calling software is also gaining popularity. What Happened Amazon has licensed Slack, a work-...

The coronavirus pandemic has brought historic levels of disruption to every area of business. But the pandemic has actually been good for a small number of companies, such as eBay (NASDAQ: EBAY) and Etsy (NASDAQ: ETSY), but Amazon.com Inc (NASDAQ: AMZN) has emerged as of biggest winner of...

Microsoft Corporation (NASDAQ: MSFT) reported strong fiscal third-quarter results and Amazon.com, Inc. (NASDAQ: AMZN) beat on the top-line in its first quarter, but the e-commerce platform's earnings took a hit from higher fulfillment costs. A common theme that ran through the quarterly results...

The COVID-19 pandemic has impacted companies, their financials and spending plans, and the software sector is no exception. An analyst at Rosenblatt Securities singled out a few companies that could weather the adversity better than others. The Datadog, Splunk, Zscaler Analyst Analyst Yun Kim has...

E-commerce giant Amazon.com, Inc. (NASDAQ: AMZN) has won Morgan Stanley's seal of approval in the face of a coronavirus pandemic threatening the economy.  The Amazon Analyst Analyst Brian Nowak maintained an Overweight rating on Amazon with a $2,400 price target. The Amazon...

Amazon.com, Inc. (NASDAQ: AMZN) doesn't get enough credit for leveraging its treasure trove of data to gain a major advantage over its rivals, according to Hilding Anderson, head of retail strategy for North America at Publicis Sapient. What Happened Amazon's retail portion of its earnings...

One of the highest-growth secular tech trends of the 2020s will be cloud computing. Gartner projects global public cloud revenue will grow 17% in 2020 to $266.4 billion. Software-as-a-service (SaaS) is the largest segment, which Gartman projects will account for $116 billion in spending this year....