Tag AMZN

(Reuters) -Amazon will seek to reassure investors on Thursday that its cloud business, a critical driver of profits, is growing at a fast enough clip to offset any pullback in consumer spending that could throttle its retail operations. Amazon Web Services (AWS), the cloud unit that accounts for less than a fifth of the company's sales but typically about 60% of its profit, likely grew 17% in the April-June period. Amazon, like its rivals Alphabet and Microsoft, has invested heavily to increase capacity at its data centers to meet demand for its traditional cloud services as well as the surge in generative AI services...

A $170bn valuation would rank Anthropic among the top private tech companies, following OpenAI at $300bn and SpaceX at $400bn...

Vital Farms gains Bull of the Day honors as it nears earnings, backed by analyst upgrades and strong demand trends...

LONDON, July 30, 2025--Expereo, the world-leading managed Network as a Service (NaaS) company that connects people, places and things anywhere, today announces the appointment of Julian Skeels as its Chief Digital Officer (CDO). Julian joins Expereo with a career history from Microsoft, Amazon, Apple and most recently Keystone Education Group, where he has been responsible for driving product evolution and digital customer experience...

Amazon.com, Inc. (NASDAQ:AMZN) is one of the stocks in Jim Cramer’s game plan this week. Cramer mentioned that he has high expectations for the company’s quarter, as he said: “After the close, Thursday, we have two more members of the Magnificent Seven when Apple and Amazon report. Now both stocks have been going up steadily. […]...

Cloud computing and online retail behemoth Amazon (NASDAQ:AMZN) will be announcing earnings results this Thursday after market hours. Here’s what to expect...