Amazon delivered strong Q3 earnings, beating expectations on revenue and EPS, but AWS cloud growth lags competitors like GOOG and MSFT. AMZN's free cash flow is pressured by heavy capex, yet robust returns on invested capital and a reasonable forward PEG ratio support a bullish outlook. Technical analysis suggests positive momentum, but short-term pullbacks toward $235 could offer attractive en...
SEATTLE--(BUSINESS WIRE)--Today, at Amazon Business' Reshape conference, Amazon (NASDAQ: AMZN) announced a number of new AI-powered solutions including the Amazon Business Assistant to help organizations discover savings, automate routine tasks, and make spending easier and more efficient. These innovations, all powered by Amazon Bedrock, AWS's fully managed service for building and scaling gen...
Amazon.com Inc. NASDAQ: AMZN has once again shown why it remains one of the most reliable names in the market. The stock has held firm near $250, even as the broader indices retreated through the end of last week.
Amazon is investing in AI infrastructure to support its cloud business and long-term growth goals. E-commerce is still responsible for most of its revenue, but its cloud business is the most profitable.
SURREY, England--(BUSINESS WIRE)--The DP World Tour and Amazon Web Services (AWS) today announced a strategic partnership that will see the world's most comprehensive and broadly adopted cloud become the Official Cloud Provider of golf's global Tour. Leveraging AWS's industry-leading AI infrastructure, the DP World Tour will roll-out a suite of solutions that combine real-time data with histori...
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