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The Latest Breaking News from AWS

Amazon's Huge Increase in Positive Free Cash Flow Augurs Well for AMZN Stock

Amazon said its Q3 sales rose 11% net of currency changes, but its free cash flow was up 170% from the prior quarter. Moreover, its FCF margin spiked. That implies AMZN stock could rise further.

Barchart

Riot Games Taps Gravity Media for Managed Services at a New Remote Broadcast Center

The facility in the greater Seattle area for producing eSpots is powered by AWS and is set to open later this year

TV Tech

AWS offers more flexible access to Nvidia GPUs for short-duration AI workloads

Short-term rental of Amazon’s EC2 P5 instances, with Nvidia H100 GPUs, gives compute power to more businesses.

TechRadar

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Exposed AWS credentials stolen within minutes by Github hackers

Hackers are quick to grab AWS keys exposed on GitHub and use them to set up cryptojackers.

TechRadar

Amazon's big Bedrock bet

Amazon is developing its own generative AI model, but its AWS cloud business is betting that customers want to experiment with a mix of different models.

Fortune

Amazon Stock Pops After Q3 Beat: Here’s Why It's Still a Strong Buy

Amazon stock is trading higher today after posting better-than-expected Q3 earnings. Here are the key takeaways from the report, and why AMZN is still a good buy.

Barchart

Amazon (AMZN) Earnings Forecast and Gameplan

Amazon’s (AMZN) second-quarter revenue and earnings surpassed analyst estimates, and the company issued optimistic guidance for the third quarter. However, it continues to face challenges, including sluggish growth in its cloud and e-commerce businesses and the FTC’s anti-trust lawsuit. So, let’s determine if you should buy, hold, or sell this…

StockNews.com

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Amazon Q3 Preview: 5 Key Things to Watch in This Week's Earnings

FAANG heavyweight Amazon will release its highly anticipated Q3 earnings this week. Here's what analysts expect from the report and the 5 key things to watch out for on the earnings call.

Barchart

3 Internet Stocks Outshining Amazon.com (AMZN) and Netflix (NFLX)

A significant surge in internet usage supported by government initiatives and growing digital transformation worldwide would create numerous growth opportunities for companies offering internet-based services. Amid this, let’s look at quality internet stocks LY Corporation (YAHOY), Expedia (EXPE), and Data Storage (DTST) outshining Amazon.com (AMZN) and Netflix (NFLX). Continue reading….

StockNews.com

3 Tech Stocks Outperforming Most of the Industry

As rapid technological advances continue to transform industries, the tech sector is poised for significant expansion in the foreseeable future. Given this backdrop, fundamentally strong tech stocks TaskUs (TASK), NetScout Systems (NTCT), and GigaCloud Technology (GCT) could be wise portfolio additions now. Read on….

StockNews.com

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.

Fortune

Amazon Stock: 3 Reasons Why the 13% Pullback Looks Like a Great Buying Opportunity

Amazon stock is under pressure amid tech sector weakness, but three potential catalysts make this dip worth braving for contrarians.

Barchart

Motorsport.tv guide: What's on 7-8 October weekend?

Here is a guide to what's on Motorsport.tv for the weekend of 7-8 October. For a detailed list of what's available in your area, please visit the livestream page: Motorsport.tv/livestream.

Motorsport

Top Defense Stock Buys for October

The consistent advancements in missiles and defense systems and geopolitical instability are boosting the defense industry. Therefore, it might be wise to buy fundamentally strong defense stocks CACI International (CACI), OSI Systems (OSIS), and Textron (TXT) next month. Read more.

StockNews.com

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Down 13% from 52-Week Highs, Is Amazon Stock a Buy Now?

Amazon stock is down more than 13% from the 52-week highs that it hit earlier this month. Why is AMZN stock dropping, and should you buy the dip?

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.

Zenger

Amazon Invests $4 Billion In AI Startup Anthropic To Unlock AI Potential

Investment highlights Amazon's commitment to AI, boosts competition with tech rivals and revenue growth

Fortune

Anthropic’s CEO says why he quit his job at OpenAI to start a competitor that just received billions from Amazon and Google

Anthropic CEO Dario Amodei has raised billions from Amazon, Google, and Salesforce.

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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.

Fortune

Amazon has good reason to become Anthropic's new AI BFF

AWS is investing up to $4 billion in OpenAI competitor Anthropic, maker of the Claude 2 chatbot.

The Guardian - UK

Amazon to invest up to $4bn in OpenAI rival Anthropic

Tech company plays catchup after Microsoft’s deal with ChatGPT developer in January

StockNews.com

Adobe Inc. (ADBE) and 2 Other Top Notch Software Stocks to Buy

Heightened spending and the AI ‘gold rush’ represent substantial prospects for the software sector. Therefore, it could be prudent to explore investment opportunities in the top-notch stocks - Adobe (ADBE), SS&C Technologies Holdings (SSNC), and Commvault Systems (CVLT). Read on….

StockNews.com

3 Internet Stocks That Outperform Amazon.com (AMZN)

Amid growing internet penetration backed by favorable government initiatives and rapid digitalization globally, the internet industry is well-placed for significant growth. Since e-commerce giant Amazon.com’s (AMZN) cloud unit AWS’ revenue growth continues to be on a constant decline and the stock trades at an elevated valuation, quality internet stocks eBay…

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…

Barchart

2 Stocks to Buy Now and Hold for 5+ Years

Tesla and Amazon have already outperformed the market by quite a bit - but with plenty of opportunity for these industry leaders to keep growing, TSLA and AMZN are two great stocks to buy and hold for the long term.

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