The Latest Breaking News from AWS

"Cloud everywhere", development of artificial intelligence (AI)-supported software, the rollout of smart Internet of Things (IoT) devices as well as sustainability will be prevailing tech trends to watch in 2022, says Amazon Web Services (AWS), the cloud service arm under tech giant Amazon.

The big three cloud vendors outperformed the Big Techs this reporting season. Here's a look at how their cloud businesses fared in the quarter. Cloud Spending Buoyant In Q4: Worldwide cloud infrastructure services spending topped $50 billion in a quarter for the first time in the fourth quarter of 2021, research firm…

BMO Capital analyst Daniel Salmon lowered the price target on Amazon.com Inc (NASDAQ:AMZN) to $3,600 from $4,100 but reiterated an Outperform rating on the shares. The price target implies an upside of 29%. The analyst is also reducing his FY22 EPS view to $42.99 from $65.04. The revision reflects his expectations of lower online stores…

Confluent, Inc (NASDAQ:CFLT), the data streaming platform to set data in motion, collaborated with Amazon.com Inc (NASDAQ:AMZN) Amazon Web Services, Inc (AWS).  Under this five-year agreement, Confluent and AWS have committed to joint go-to-market initiatives to help organizations accelerate their cloud adoption journey with real-time data. Stephen Orban, GM, AWS Marketplace and Control Services, AWS, said,…