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The Latest Breaking News from AWS

AI push sees AWS results hit new high as cloud demand soars

Amazon’s Q3 revenue is up 11% thanks to a 19% growth in its cloud division, which accounts for nearly a fifth of total company revenue.

Amazon finally adds MFA to its enterprise email service

Amazon finally adds MFA to its enterprise email service

Amazon has finally added MFA to WorkMail, despite spending $1 billion to get Outlook for its employees.

Amazon's $110 billion cloud business is sporting record profits even amid the expensive the Gen AI arms race

Amazon's $110 billion cloud business is sporting record profits even amid the expensive the Gen AI arms race

CEO Andy Jassy acknowledged that Amazon must sacrifice short-term profits by spending heavily on AI infrastructure that may pay off big later.

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Amazon Stock Jumps As Cloud Business Powers Earnings Beat

Amazon stock jumped after reporting its third quarter results late Thursday. Both earnings and revenue beat estimates.

Investors Business Daily

Distraught Amazon employees send AWS chief open letter against RTO policy, calling it an ‘outright abdication’ of its role as industry leader

Hundreds of employees criticized Amazon’s leadership for making a gut decision rather than a data-driven one.

Hundreds of Amazon employees petition CEO to reverse return-to-office policy

Amazon’s cloud workers have been told to return to the office full-time, but a petition is being put forward to stop that.

Analyst firm raises alarm about EUV chipmaking tools — each consumes as much power as a small city, fabs to consume 54,000 Gigawatts by 2030

Leading-edge semiconductor fabs to consume 54,000 Gigawatts a year by 2030, which is more than some countries consume today.

Tom’s Hardware

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3 Cloud Computing Stocks Leading the Digital Revolution

3 Cloud Computing Stocks Leading the Digital Revolution

Cloud computing is revolutionizing the digital landscape thanks to its ease of access, cost benefits, and impressive performance. Hence, investing in fundamentally stable cloud computing stocks, Alphabet (GOOGL), Amazon.com (AMZN), and Salesforce (CRM), could be one’s ticket to tech-savvy success. Read more….

What cloud outages tell us about putting your eggs in one basket

What cloud outages tell us about putting your eggs in one basket

Following recent major tech outages, we must consider how data architecture will effect business success.

Amazon seizes domains used by Russian hackers to target Windows systems

Amazon seizes domains used by Russian hackers to target Windows systems

Midnight Blizzard has been impersonating AWS in its recent phishing attacks.

Power Up Your Portfolio: 3 Utility Stocks That Will Benefit from the AI Data Center Boom

Power Up Your Portfolio: 3 Utility Stocks That Will Benefit from the AI Data Center Boom

Data centers are expected to result in a massive demand for power.

AWS fixes cloud development kit security flaw that could allow for complete account takeover

AWS fixes cloud development kit security flaw that could allow for complete account takeover

A predictable naming pattern in the bootstrap process could have been abused to give crooks keys to the kingdom.

2 Growth Powerhouse Stocks to Buy for 2024 and Beyond

2 Growth Powerhouse Stocks to Buy for 2024 and Beyond

For growth-oriented investors, these two stocks offer a compelling mix of short-term resilience and long-term upside.

Is Amazon Stock a Buy Ahead of Q3 Earnings?

Is Amazon Stock a Buy Ahead of Q3 Earnings?

Amazon will release its Q3 financials on Oct. 31. Despite its presence in high-growth sectors, AMZN stock hasn’t moved much over the past three months.

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2 Magnificent AI Stocks to Invest in the Future of Energy

Explore two outstanding stocks that are poised for growth by capitalizing on recent power supply deals with major tech firms and surging global electricity demand.

AWS CEO tells workers to quit if they don't want to come back to the office

AWS CEO says workers can like it or lump it.

International Business Times

Intel Considers Selling Minority Stake In Altera Amid Financial Struggles: Report

Intel is reportedly targeting a valuation of $17 billion for Altera, a slight increase from the $16.7 billion it paid for the company nine years ago.

What does it take to manage a top level domain?

An interview with Ram Mohan, Chief Strategy Officer, Identity Digital about what it takes to manage TLDs

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AWS wants to give old datacenters a second life with new recycling and repair facilities

AWS opens a factory in Dublin designed to extract precious materials from retired data center hardware.

Why One Analyst Just Downgraded Amazon Stock Ahead of Earnings

Wells Fargo has low expectations for AMZN ahead of its Q3 report next week.

What to Expect From Amazon's Q3 2024 Earnings Report

Amazon is gearing up to report its third-quarter earnings later this month, and analysts project a modest double-digit jump in its bottom line.

3 Consumer Discretionary Stocks to Watch for Holiday Gains

The consumer discretionary sector is poised for significant growth, driven by changing consumer behaviors, rising incomes, and increasing demands for entertainment, apparel, and leisure, particularly during the holiday season. Therefore, investors could consider watching consumer discretionary stocks: Amazon.com (AMZN), The Home Depot (HD), and Target (TGT) for potential holiday gains.…

Microsoft’s new H200 v5 series VMs for Azure aim to supercharge GPU performance

New VM series drastically improves performance and cost efficiency for LLM inferencing

AWS CEO: No need for massive shifts - but AI could still bring changes

Matt Garman says things are pretty rosy at AWS right now, but AI could still bring in changes.

Should You Buy Amazon Now, Ahead of the Holiday Season Surge?

Amazon (AMZN) performed very well in the last quarter with strategic partnerships, the introduction of new capabilities, and strong sales growth. Also, looking ahead, the company's prospects are bright, with the upcoming holiday season likely to spike consumer spending. So, let’s determine whether Amazon is an ideal addition to your…

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