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The Latest Breaking News from AWS

Big Tech Earnings Preview: Microsoft, Google Lead AI Hype for 'Magnificent Seven'

The so-called 'Magnificent Seven' big tech stocks have powered much of the Nasdaq's 2023 rally, largely on the back of AI hype. Now it's time to get real.

The Street

Is Amazon Stock a Buy or a Sell Ahead of its Q2 Earnings Next Week?

After a 54% rally year to date, Amazon is set to report its Q2 earnings next week. Is it a buy now at these levels?

Barchart

3 Software Stocks to Buy for a Tech-Savvy Portfolio

Amid rapid digitalization worldwide, the demand for software services is expected to increase considerably, creating more growth opportunities for companies dealing with software. Thus, investors could consider adding top software stocks Sage Group (SGPYY), Informatica (INFA), and MiX Telematics (MIXT) to their portfolio. Keep reading….

StockNews.com

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The global cloud market is booming, and these two giants are dominating it

Global IaaS market is now worth $120 billion, but around $74 billion of that is attributable to just two key players.

TechRadar

Microsoft faces antitrust scrutiny from the European Union over Teams, Office 365

Microsoft bundled video conference chat software Teams with productivity software Office 365, prompting the European Commission to consider an investigation into the legality of the pairing on the grounds of potentially violating antitrust laws.

Windows Central

The computing powerhouse that gives F1 faith over its 2026 car plan

The planned increase in electrification, with a 50/50 power split from the battery and combustion engine, has prompted concerns about drivers running out of energy on the straights and needing to change down gears to recharge.

Motorsport

LastPass: The lessons we learnt from our devastating breach

LastPass CEO Karim Toubba tells us what the company regrets, and how it plans to win back customer trust.

TechRadar

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Amazon’s Prime Day Not the Market Mover it Once Was

The annual Prime Day event from Amazon.com (AMZN ) does not move the market as it once did, as investors focus more on the company’s cloud computing business for signs of growth. In the past four years, Amazon has fallen in the week of the two-day Prime Day sale, when...

Barchart

Generative AI Is Driving 'The Next Supercycle Of Cloud Computing'

Generative AI is driving a supercycle in cloud computing, a Wall Street analyst said in a report on AI stocks.

Investors Business Daily

Amazon CEO Andy Jassy dismisses Microsoft and Google A.I. ‘hype cycle,’ says Amazon has a ‘substance cycle’

Amazon’s A.I. strategy is to turn itself into a major player across the entire A.I. supply chain.

Fortune

European Football League Deploys Cloud Production In Three Weeks

The European League of Football relied on Vizrt and AWS for the deployment

TV Tech

F1 chiefs say 2026 rules fears prompted by old data

Concerns have emerged in recent weeks about the risks of a wrong step with the new cars in 2026 ruining the spectacle.

Autosport

Global cloud revenues hit new high as SaaS demand booms

AI is making companies spend more on cloud, particularly SaaS, while AWS continues to be the most popular vendor.

TechRadar

Microsoft just suffered a major blow to its software and IT services division

Microsoft makes way for AWS, Accenture, and TCS as UK businesses continue to invest in IT services.

TechRadar

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The Guardian - UK

Royal Opera House archive goes global with streaming service

New technology is also enabling live instant replays of rehearsals to help with creative process

Fortune

Health care providers are adding cloud tech, but need to dream bigger

Currently, the application of cloud in the health care space is choppy.

TV Tech

Sky Italia Taps AWS to Upgrade `X-Factor’ Voting Platform

Sky lowered costs by 84% after creating an inhouse voting platform for “X-Factor” using AWS’ managed services

TechRadar

Intel is biggest loser as cloud giant splashes billions of dollars on rivals

Arm startup emerges as billion dollar winner as cloud giant buys from Intel’s biggest rivals.

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TechRadar

Microsoft Azure might not be quite as profitable as we all thought

Leaked court document details Microsoft Azure’s $34 billion revenue leading up to June 2022, leading to questions around its profitability.

TechRadar

AWS AppFabric wants to make pulling your SaaS apps together much easier

AppFabric offers a central dashboard for all your SaaS tools, and will soon have inter-app generative AI capabilities.

The Street

Amazon Stock Gets A Surprising Price Target

Here's what may happen next to Amazon's shares.

The Independent UK

Amazon is investing another $7.8B in Ohio-based cloud computing operations, state officials say

Amazon’s profitable cloud business will invest roughly $7.8 billion by the end of 2029 to expand its data center operations in central Ohio

Zenger

Amazon’s AWS Invests $100 Million To Build Generative AI Center

Amazon is pushing ahead with a well-thought-out strategy for AI, focusing on helping businesses use generative AI with a $100M

TechRadar

AWS: How security and privacy works inside the world’s largest cloud provider

AWS leaders explain how new trends and rapid technological advancements are impacting the most important aspects of the cloud.

The Street

This Technology Holds the Key to Amazon's Future; It's Not Robots

Amazon is well positioned to rapidly expand this transformative innovation through its cloud business.

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