NEW YORK] Alphabet and Amazon were rewarded by investors for reporting better-than-expected third-quarter profits. At both companies, earnings were boosted by the increased value of their stakes in ...
First Solar and Amazon emerged as the top stocks this week, up 14% and 9.6%, respectively, when the market closed on Friday.
Sales at Amazon Web Services (AWS), its largest profit driver, climbed 20% to $33 billion. The company said it was at its fastest pace since 2022 as AI workloads boosted cloud demand. In the previous ...
Google Cloud is experiencing rapid growth, fueled by AI demand and significant infrastructure investment. Now a major revenue ...
The AI infrastructure buildout has moved from speculation to reality, and two companies are positioned to capture the lion's share of spending.
Amazon.com Inc. (NASDAQ: AMZN) made headlines not only for its sweeping corporate layoffs announced on October 27 but also for its impressive third-quarter earnings reported on October 30. The company ...
Google Cloud's revenue surged 34% to over $15B in Q3, driven by AI demand. Under Thomas Kurian, it has grown from 7% to 13% ...
After months of anxiety over whether Amazon could keep up with Microsoft and Google in the cloud race, the company finally ...