Amazon stock is barely in the green this year and is the worst-performing Magnificent 7 constituent. Management needs to come up with a new story to buoy sentiments, as the previous theme around AWS ...

The Australian Department of Foreign Affairs and Trade (DFAT) has begun a cloud migration effort. Set to span at least three years, DFAT has "gone to market" for a technology provider to help with the ...

Amazon Web Services (AWS), the cloud unit of Amazon.com, Inc. (NASDAQ:AMZN), and German software maker SAP SE ADS (NYSE:SAP) said on Wednesday they will offer SAP Sovereign Cloud services on AWS’s ...

Organizations such as the PGA TOUR and Alaska Airlines prefer the hyperscalers to owned data centers for their ambitious artificial intelligence projects.

To put that in perspective, the stock traded as high as 169.3x forward earnings in January 2018. Currently, Amazon is trading 42% below its five-year average forward multiple and 60% below its 10-year ...

Microsoft disables services to Israel; Trump signs order declaring TikTok sale plan; Amazon to pay $2.5 billion to settle Prime deception ...

AWS seeks to boost its AI products' organic growth, while rivals such as Cursor and Windsurf see better grassroots adoption.

Canada’s sovereign cloud project follows its Sovereign AI Compute Strategy, a $2-billion project that aims to build domestic data centres and help Canadian companies access computing power to run AI ...

Specifically, the FTC found that Amazon mislead 35 million consumers by enrolling them in Amazon Prime subscriptions without their consent. Also, according to the order, they knowingly created a ...