Amazon tumbles after cloud computing growth disappoints investors

Știință și Tehnologie

Amazon.com shares fell about 7 per cent 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. Amazon Web Services, long the cloud-computing market leader, edged past Wall Street estimates for June-quarter revenue on Thursday with a 17.5 per cent increase, but it widely lagged the 39 per cent growth seen at Microsoft Azure and Google Cloud's 32 per cent gain. That disappointing growth came even as

Amazon tumbles after cloud computing growth disappoints investors https://www.channelnewsasia.com/ - 01.08.2025 17:55
Amazon slumps after cloud computing growth underwhelms investors https://www.channelnewsasia.com/ - 01.08.2025 15:51

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Amazon tumbles after cloud computing growth disappoints investors https://www.channelnewsasia.com/ - 01.08.2025 17:55
Amazon slumps after cloud computing growth underwhelms investors https://www.channelnewsasia.com/ - 01.08.2025 15:51