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The Latest Breaking News from Amazon Web Services

Can Amazon Stock Soar Up to 58% Higher in 2024?

With its diversified business and AI-driven capabilities, Amazon's growth prospects continue to dazzle. How high can the FAANG stock go in 2024?

Barchart

Nvidia Stock, Magnificent Seven Member Amazon Headline This IBD Screen Of The Day

Nvidia stock, along with Magnificent Seven member Amazon, are among the best stocks to buy and watch in today's stock market.

Investors Business Daily

Can Oracle Cash-In On The AI Cloud 'Gold Rush'?

Oracle stock has been up-and-down in the back half of 2023, as investors debate how much AI can boost its cloud-computing business.

Investors Business Daily

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HPA Tech Retreat 2024 Unveils Supersession Plans

The supersession will go behind the scenes with two filmmaking teams as they create animated short films utilizing the latest advanced technologies and AI-driven tools

TV Tech

TSMC Solidifies Leadership on Foundry Market as Intel Jumps into Top 10

The global foundry industry witnessed a substantial rise in demand in the third quarter of 2023, according to TrendForce. The Top 10 foundries collectively saw their revenue soar to about $28.29 billion, marking a 7.9% increase compared to the previous quarter. Taiwan Semiconductor Manufacturing Co. (TSMC) maintained its No. 1…

AnandTech

IBD 50 AI Stock Dynatrace Rallies To A Buy Zone After Company Lifts Its Forecasts

DT stock is back near a high after the company raised its outlook. The AI software company partners with Amazon Web Services.

Investors Business Daily

AWS and Nvidia build a supercomputer with 16,384 Superchips, Team Up for Generative AI Infrastructure

Amazon Web Services to offer Nvidia-powered supercomputing infrastructure for generative AI, including 65 ExaFLOPS AI supercomputer.

Tom’s Hardware

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Amazon's Trainium2 AI Accelerator Features 96 GB of HBM, Quadruples Training Performance

Amazon Web Services this week introduced Trainium2, its new accelerator for artificial intelligence (AI) workload that tangibly increases performance compared to its predecessor, enabling AWS to train foundation models (FMs) and large language models (LLMs) with up to trillions of parameters. In addition, AWS has set itself an ambitious goal…

AnandTech

Amazon Unveils Graviton4: A 96-Core ARM CPU with 536.7 GBps Memory Bandwidth

Nowadays many cloud service providers design their own silicon, but Amazon Web Services (AWS) started to do this ahead of its rivals and by now its Annapurna Labs subsidiary develop processors that can well compete with those from AMD and Intel. This week AWS introduced its Graviton4 SoC, a 96-core…

AnandTech

3 Internet Stocks to Watch Amid the Holiday Season

In today’s digital age, the internet industry is booming thanks to strong demand for online shopping, digitization, and the emergence of cutting-edge technologies. To capitalize on the holiday boost, investors could consider adding internet stocks eBay (EBAY), Amazon.com (AMZN), and Pinterest (PINS) to their watchlist. Read more….

StockNews.com

Tech giants to invest B300bn in Thailand

The government has announced it has successfully convinced Amazon Web Services (AWS), Google and Microsoft to invest in Thailand, with a total investment worth about 300 billion baht.

Bangkok Post

Can This Small-Cap AI Stock Compete With the Cloud Giants?

While Google, Microsoft, and Amazon have been the market's favorites in the cloud space, there are many new, underrated players that could be good long-term AI investments.

Barchart

3 Booming Pharma Stocks Making Waves in the Industry

The pharmaceutical industry is expected to thrive amid robust demand and technological advancements. Given this backdrop, it could be wise to buy Roche Holding (RHHBY), AstraZeneca (AZN) and Bristol-Myers Squibb (BMY), which look poised for steady returns. Keep reading.

StockNews.com

Google's Cloud Disappointed, Microsoft's Impressed. What's In Store For Amazon?

Microsoft stock gained on a cloud revenue boost, Google's fell after a cloud miss. What are the expectations for AMZN stock?

Investors Business Daily

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Investors Business Daily

UBS Trims Amazon Targets On Near-Term Headwinds For Cloud Business

UBS trimmed its 2023 revenue estimates for the Amazon Web Services division and slightly lowered its price target for Amazon stock.

Investors Business Daily

Is Amazon Stock A Buy As Tech Giant's Shares Approach July Highs?

Amazon stock started strong in 2024 but sold off to close the summer. The stock is hovering just below record July highs.

Fortune

Amazon Web Services expands roster by adding blockchain gaming firm Immutable, valued at $2.5 billion

Cloud computing giants like AWS and Google Cloud continue to announce partnerships with high-profile crypto companies.

AAP

Cloud-based micro businesses floated for future economy

Artificial intelligence in health, education or agriculture could fix many social challenges and is within reach for even the smallest firms, a report shows.

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Fortune

What is Anthropic? The buzzy AI startup just got up to $4 billion in funding from Amazon as part of a colossal tech alliance

Anthropic will get $1.25 billion upfront as well as access to tools Amazon is creating for AI developers.

The Hindu

Amazon Web Services ties up with ISRO

AWS, ISRO and IN-SPACe join forces to support space-tech innovations through cloud computing. AWS will provide eligible startups tools, resources and expert technical support at no cost. They will also collaborate on a new initiative to train students and educators in cloud computing, AI, ML, analytics and security. This will…

Investors Business Daily

How Stocks Pass Quality Test Of This Best Mutual Fund

It doesn't take a Ph.D. in finance to figure out what the investing game plan is for GMO Quality IV Fund, a best mutual fund.

The Street

One prominent Tesla rival is partnering up with Amazon

Amazon Web Services is pivoting its attention to cars as it works to speed along the development of autonomous driving software.

TechRadar

AWS results impress again to boost Amazon profits

AWS cloud revenue soars again thanks to artificial intelligence, but so do operating costs.

The Street

Amazon Surges As Q2 Earnings, Forecast Top Wall Street Estimates

Solid ad sales, and a robust revenue forecast, helped offset moderating growth rates for Amazon Web Services.

Zenger

Protesters Disrupt Amazon Web Services Conference Over Israeli Contracts

Activists call on Amazon to halt cloud technology supply to Israel, citing monitoring and intimidation of Palestinians.

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