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The Latest Breaking News from Amazon Web Services

Intel outlines a plan to get back in the game: Pause fab projects in Europe, make the foundry unit an independent subsidiary, and streamline the x86 portfolio

Intel reviews its projects and product plans as part of the turnaround plan introduced in August.

Tom’s Hardware

Intel Stock Rises As Amazon, Feds Throw Lifelines To Troubled Chipmaker

Intel stock rose after the beleaguered chipmaker announced funding from the U.S. government and an alliance with Amazon Web Services.

Investors Business Daily

Dow Jones Rises On Surprise Retail Sales; Intel Rallies On Amazon AI Chip Deal

Stock Market Today: The Dow Jones rose Tuesday on surprise retail sales data. Intel stock surged on an AI chip deal with Amazon.

Investors Business Daily

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AMZN in Focus: Can Amazon’s Stock Survive Rising Competition?

Amazon (AMZN), a global leader in technology and e-commerce, continues to be a focal point for investors in September 2024. After years of dominating the retail and cloud computing industries, the company's stock performance is closely watched as a barometer for both the technology sector and the broader economy. As…

inkl

Bitcoin Miners Forge Lucrative AI Deals. They Have A Big Advantage.

Bitcoin miners are consolidating as crypto prices drop, but have something that deep-pocket AI developers need badly. Here's what's up.

Investors Business Daily

Amazon To Invest GBP8 Bn In UK In Boost For New Labour Govt

US tech giant Amazon is to invest GBP8 billion ($10.5 billion) in Britain over the next five years, creating thousands of jobs via its web services arm, the company and UK government announced Wednesday.

International Business Times

AWS is spending £8 billion to boost its UK cloud business

AWS UK expansion could support up to 14,000 jobs annually.

TechRadar

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Reeves announces £8bn UK investment by Amazon’s cloud computing arm

Chancellor says move will create as many as 14,000 jobs at firm’s datacentres and in a range of other industries

The Guardian - UK

Why Amazon And Oracle Could Both Have 'A Lot To Gain' Working Together

Oracle stock is rocketing higher Tuesday, helped by a strong earnings report and its plan to partner up with Amazon.

Investors Business Daily

Problem with Amazon going water positive

The company’s pledge to conserve water at its data centers doesn’t account for thirsty power plants they rely on

Salon

AWS will now let your business access HPC to run your biggest workloads

AWS launches Parallel Computing Service as an HPCaaS option for companies of all sizes.

TechRadar

Amazon exec gives dire warning about tech jobs in leaked audio

The CEO of Amazon Web Services privately informed staff of a major change that could have a large impact on their jobs.

The Street

Amazon cloud boss echoes NVIDIA CEO's of coding being dead in the water with the rapid prevalence of AI sentiments: "If you go forward 24 months from now, it's possible that most developers are not coding"

Amazon Web Services CEO Matt Garman predicts a paradigm shift in coding as a career with the prevalence of AI, prompting developers to stop coding in the foreseeable future. They might need to upskill in the field to gain new skills.

Windows Central

Analysts See Uber, Amazon Offering Strong Upside Following Earnings Results

Uber stock and Amazon stock have strong upside to target prices set by analysts at Bernstein.

Investors Business Daily

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The Street

Analysts reboot Amazon stock price targets after earnings

This is what could happen next to Amazon shares.

Digital Camera World

Amazon's Ring outage: what happened, will it happen again, and can you still trust Ring cameras?

An Amazon server failure caused Ring camera outages this week. What happened, will it happen again, and should you still rely on Ring?

Investors Business Daily

Amazon Stock Slides As Consumer Concerns Overshadow Strong Cloud Performance

Amazon stock is on pace Friday for its worst trading day so far in 2024 following its Q2 report. Here's why.

Investors Business Daily

Amazon Q2 Earnings Preview: Retail Profits, AI Cloud Growth In Focus

Amazon stock will most likely be moved by sales growth for its AWS division and its retail profits for AMZN's Q2.

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Wallpaper

Tour the Natural History Museum’s new gardens, a Jurassic lark in London

The Natural History Museum in London has unveiled two new gardens, with resident dinosaurs, after a transformation led by architects Feilden Fowles

StockNews.com

Should You Add Amazon to Your Portfolio as It Hits New Highs?

Amazon.com (AMZN) is pushing the boundaries with its AI services, from government initiatives to cutting-edge consumer tools. As the tech giant integrates AI across e-commerce and cloud computing, let’s explore whether these initiatives make it a compelling addition to your investment portfolio. Keep reading….

Tom’s Hardware

AWS Graviton4 CPU benchmarked against AMD and Intel processors — faster than predecessors and more cost-effective

Amazon's Graviton4 processors bring significant performance advantages over its predecessors and can compete against AMD's EPYC 'Genoa' and Intel's Xeon 'Sapphire Rapids' in many workloads.

International Business Times UK

Amazon Prime Day Investment Challenge: Buy Stocks As Shares Trade 6X Cheaper Valuation Vs. June 2023

Amazon's price-to-earnings ratio was 53.98 as of July 15, compared to 309.88 in late June 2023. The company is rapidly reducing operational costs through robotics, AI integration, and improving worker safety.

Investors Business Daily

Amazon Stock Gets Price Target Hike On Cloud, Advertising Momentum

Amazon stock is in record high territory but has further upside driven by its advertising and AWS, according to an analyst.

International Business Times

Talen Urges US Regulators To Dismiss Opposition To Amazon's Data Center Agreement

In March, Talen announced an agreement to sell electricity and a data center campus at its Pennsylvania nuclear power plant to Amazon Web Services.

Fortune

Jeff Bezos, Andy Jassy, and the next 30 years of cadabra

Will Amazon, founded 30 years ago today, be able to continue the magic for another three decades—and address its big challenges?

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People

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