Amazon Web Service

Cathie Wood-led Ark Invest made significant trades on Tuesday, focusing on Advanced Micro Devices Inc. (NASDAQ:AMD), Taiwan Semiconductor Manufacturing Co., Ltd (NYSE:TSM), and Circle Internet Group Inc. (NYSE:CRCL). These trades reflect Ark’s strategic positioning in the tech sector amidst...

Bank of America Securities (BofA) has reaffirmed its Buy rating on Amazon.com Inc. (NASDAQ:AMZN) stock, maintaining a steady price target of $225.00. What Happened: BofA Securities has maintained its Buy rating on Amazon, even as the e-commerce giant continues to trade at an...

Amazon.com, Inc. (NASDAQ:AMZN) paid more than $100 million for two parcels of land for two data centers in Ohio's Fayette County. Amazon Data Services Inc. bought 243 acres of land for $60.2 million and another 346 acres for nearly $42.2 million, according to a Tuesday Columbus Dispatch report....

Amazon.com Inc’s (NASDAQ:AMZN) AWS unit CEO, Matt Garman, has staunchly defended the company’s contentious new five-day in-office policy, suggesting that those who oppose it may consider other employment options. What Happened: According to a Reuters report on Thursday, Garman...

During the fourth quarter 2023 earnings call conference, Palantir Technologies Inc.'s (NYSE:PLTR) chief technology officer Shyam Sankar drew a parallel between the company’s current trajectory and Amazon.com Inc.’s (NASDAQ:AMZN) Amazon Web Services or AWS phase. What Happened: On Monday...

On Monday, Amazon Inc. (NASDAQ: AMZN)-owned Amazon Web Services (AWS) launched Kendra, an enterprise search solution powered by machine learning. What Happened Kendra, which utilizes machine learning, will be useful for enterprises looking to index internal data sources and make them...

Shares of Amazon.com, Inc. (NASDAQ: AMZN) are trading up almost 12 percent at $674.66 on Thursday’s after-hours session, following the announcement of the company’s Q1 results. EPS of $1.07 and revenue of $29.13 billion – up 28.2 percent year-over-year - both beat the Street...

Shares of Oracle Corporation (NYSE: ORCL) were trading lower by more than 3.5 percent Thursday following the company's second quarter print on Wednesday. Oracle earned $0.63 per share on revenue of $9 billion. Wall Street analysts were looking for an earnings per share of $0.60 on...