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The Latest Breaking News from AWS

Cathie Wood Bets Big on Cerebras and Palantir Stocks After Sharp Pullback

Despite recent pullbacks, Palantir and Cerebras continue to post impressive growth.

Barchart

The 'Gemini 5' Stress Test: Why the Market Is Wrong About AI Chipmakers and Big Tech Stocks

The AI hardware boom is a cyclical bubble. Soon, AI models will optimize and slim down, crashing chipmaker stocks and unlocking massive free cash flow for undervalued Big Tech companies.

Barchart

Dear Amazon Stock Fans, Mark Your Calendars for July 2

Amazon is rolling out a July 2 Prime fuel and grocery deal. Here is why AMZN stock investors should treat it as more than a holiday promo.

Barchart

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Amazon is spending billions on deploying engineers into customers looking to get started with AI

AWS' Forward Deployed Engineers will reside inside customer organizations to build and implement AI tools at scale.

TechRadar

Saints & Masters expands multi-cloud play with Xencia acquisition

The deal comprises a mix of equity, debt and share swap, and follows S&M's earlier acquisition of AWS partner Nubinix Technologies in March. The combined entity now has a post-money valuation of Rs 300 crore.

The Economic Times

Amazon Could Be About to Reap the Rewards of a Software Spending Boom

A Jefferies survey of 40 IT executives found 95% plan to increase cloud budgets in 2026, with AWS named a key beneficiary, countering bearish sentiment around Amazon's CapEx spending.

MarketBeat

Amazon's AWS commits $1 billion toward new unit for embedded AI engineers

The company is committing an initial $1 billion to the initiative with the goal of sending five to six pods of engineers to customers for ‌45-day periods, said ⁠Francessca Vasquez, ⁠AWS vice president of frontier AI engineering and services.

The Economic Times

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AWS CEO says replacing young employees with AI is 'one of the dumbest ideas'—and bad for business: 'At some point the whole thing explodes on itself'

Amazon laid off 14,000 employees last fall, but CEO Andy Jassy denied the reductions were related to AI.

Fortune

Amazon Stock Fans Can Thank Gen AI for a Successful Prime Day, New Data Shows

Amazon records stronger Prime Day momentum as generative AI lifts shopper activity, driving $8.3 billion in day one spending.

Barchart

NAIC confirms data breach with ShinyHunters claiming 3.1TB of data stolen in Oracle zero-day attack

Insurer regulatory filing documents, customer bulk orders, and more, stolen in a major zero-day supply chain attack

TechRadar

Cerebras Systems, Inc: The Next Rags-to-Riches AI Story?

Cerebras is on track to dominate in the inference industy but there are some hurdles to overcome: Analysts are optimistic and see value for investors.

MarketBeat

EU targets Amazon, Microsoft cloud units for Big Tech 'gatekeeper' rules

EU antitrust regulators are eyeing Amazon and Microsoft's cloud services, AWS and Azure, as potential 'gatekeepers' under new tech rules. This move, following a seven-month probe, could impose strict obligations on these giants, impacting their market power and fostering fairer competition. The expansion into cloud infrastructure, crucial for AI, aims…

The Economic Times

Bill Ackman, David Tepper, and other billionaire fund managers are quietly piling into Amazon

Even as Warren Buffett’s Berkshire Hathaway exited the stock, big institutions bought 253 million more shares of Amazon during the past 12 months.

Fortune

Amazon Stock Has Stumbled in 2026. Prime Day Could Change the Story.

Amazon heads into Prime Day facing investor concerns over AI spending, with the shopping event set to provide a key test of consumer demand and AI-driven sales tools

Barchart

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TechRadar

AWS pipped AMD and Intel to the first CPU supporting PCIe 6.0, and you can now finally rent it by the hour (but don't expect any miracles)

AWS has launched Graviton5 with PCIe 6.0 support, although supporting hardware capable of exploiting it remains scarce.

Barchart

Why Prime Day Is Lifting Amazon Stock Amid a Brutal Tech Sector Sell-Off

Prime Day is lifting Amazon’s stock, while the tech sector faces a rout.

TechRadar

Broadcom and OpenAI debut Jalapeño Intelligence Processor, plot an Apple-like move to 'build the full stack'

The AI arms race just got a little bit spicier as Broadcom and OpenAI target Nvidia.

Fortune

‘Wipe out and change are different': Amazon exec slams AI job apocalypse fears as he hires thousands of Gen Z grads

Matt Garman, CEO of Amazon Web Services, is rejecting predictions of an entry-level job bloodbath, as he hires thousands of Gen Z talent.

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news in one place.

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Barchart

Amazon Is Navigating a $200B Spending Cycle — AMZN Stock Is Still a Buy Now

Amazon remains well-positioned to capitalize on the long-term growth opportunities in cloud computing, AI, and digital advertising.

Barchart

Wedbush Gives a Thumbs Up to Cerebras Ahead of Its First Quarterly Earnings. What This Means for CBRS Stock Investors.

The firm maintained its "Outperform" rating on CBRS stock.

The Economic Times

A new bunch of AI spin-offs ripe for the picking

Indian tech unicorns are transforming their internal AI tools into independent businesses, mirroring successes like Amazon Web Services and Slack. Companies such as NoBroker, Moglix, Apna, and Practo are leveraging years of accumulated data and domain expertise to launch AI-powered platforms. This strategic pivot capitalizes on the current AI wave,…

Tom’s Hardware

Arm servers capture over 45% of data center market revenue — GPU clusters and high-end AI infrastructure fuel a tectonic shift away from x86

Arm-based servers accounted for nearly half of server revenue in Q1 2026, challenging x86. But in the coming years, they might catch up unit wise as well.

TechRadar

Are Reddit and X down? Here's what we know their reported issues today

Reddit, X and several other sites and services were reportedly down for many earlier today, but seem to be recovering — here's what we know so far.

Tom’s Guide

Reddit, X and Zoom were down — everything is back to normal now

If you were having trouble browsing Reddit, looking at X posts and doing lots of other things online, you weren't alone, as thousands are flocking to Downdetector to report problems.

inkl

Top 10 Tech & IT Service Companies Driving Innovation in 2026

Technology continues to shape the way organizations operate, communicate, and compete. In 2026, businesses are increasingly investing in cloud computing, artificial intelligence (AI), cybersecurity, data analytics, and software development to improve efficiency and adapt to changing market demands. As a result, IT service companies play a significant role in helping…

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