Amazon's stock decline likely reflects Wall Street's frustration with its AWS performance, JP Morgan's Doug Anmuth and Bryan Smilek say in a research note. The internet retailer"s…
By Emily BaryAWS didn't see the same growth acceleration as its cloud rivals, raising questions about the returns on Amazon's high AI spendingAmazon.com Inc. isn't seeing the same…
Reddit's NYSE:RDDT shares surged 15% on Friday after it reported quarterly results that exceeded Street expectations, boosting investor confidence in the platform's AI-based adver…
Shares of Amazon.com dropped by more than 8.6% in premarket trading on Friday, as investors responded with concern to the company’s second-quarter results, which showed cloud comp…
Apple NASDAQ:AAPL CEO Tim Cook signaled on Thursday the iPhone maker was ready to spend more to catch up to rivals in artificial intelligence by building more data centers or buyi…
Alphabet NASDAQ:GOOGL has been under a microscope this year, with investors closely watching its progress in AI and cloud and ongoing questions about competitive threats. But its …
By Dan GallagherAmazon's retail business is raining profits these days. But that alone won't cut it in the age of artificial intelligence.The company's generally strong second-qua…
Amazon.com shares fell 7% on Friday as the tech giant's results fanned investor fears its cloud unit was falling behind Microsoft and Alphabet in the artificial intelligence race…