Amazon reports higher sales and earnings for 3Q, helped by its accelerating computing arm business

Amazon posted higher fiscal third quarter profit and sales compared with a year ago, as the online giant kept attracting ...

Amazon’s stock jumps as AWS cloud growth accelerates

In a statement, Amazon Chief Executive Andy Jassy (pictured) said AWS is now growing at a pace that hasn’t been seen since 2022, primarily due to demand for AI resources. “We continue to see strong ...

Amazon says it didn’t cut 14,000 people because of money. It cut them because of ‘culture’

Amazon chief executive Andy Jassy’s explanation for why the company is cutting 14,000 employees? Not money. Not even AI, but ...
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Amazon’s Cloud Lifts

The cloud over Amazon is lifting. The e-commerce and cloud giant reported Thursday that its cloud unit, Amazon Web Services, ...
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The US stocks and sectors that could outperform the Mag 7

According to Fidelity's Maroun Younes, mobile tech company AppLovin is another tech stock that could outperform the Mag 7.

Bank of America revamps Nvidia stock price after meeting with CFO

“Nvidia hitting a $5 trillion market cap is more than a milestone; it’s a statement, as Nvidia has gone from chip maker to industry creator,” Matt Britzman, senior equity analyst at Hargreaves ...