The Latest Breaking News from AWS

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

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.

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…

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.

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

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

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….

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….

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