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Second quarter earnings season is in full swing, and the results have been largely positive so far, with more positive ...
AMAZON.COM on Thursday forecast third-quarter sales above market estimates, but failed to live up to lofty expectations for its Amazon Web Services cloud computing unit after rivals handily beat ...
The S&P 500 dropped 0.37% and closed at 6,339.39 for its third straight losing day, while the Nasdaq Composite inched down ...
Amazon.com failed to live up to lofty expectations for its Amazon Web Services cloud computing unit after rivals handily beat ...
Wall Street weighed a tariff reprieve for Mexico, new trade deal with South Korea, and strong earnings from Meta and ...
AWS profit margins also contracted. Amazon said they were 32.9% in the second quarter, compared with 39.5% in this year's ...
Though a small part of Amazon’s total revenue, AWS is a key driver of Amazon’s profits, typically accounting for about 60 per ...
And if Q4 results are anything to go by, such a development is a matter of “when” and not “if.” Yet another key takeaway from ...
Microsoft surged past a $4 trillion market cap as Azure revenue soared and AI investments like Copilot, Discovery, and AI ...
Microsoft is only the second company to reach a $4 trillion market cap. Its earnings were supercharged by a tremendous rise in AI spending.
Microsoft is set to become the second company in the world to reach a $4 trillion valuation. Is now a good time to invest in ...
Microsoft shares surged so much after hours that the tech giant joined the $4 trillion market cap club.