Shares of cloud computing and online retail behemoth Amazon (NASDAQ:AMZN) fell 3.4% in the afternoon session after concerns regarding lofty artificial intelligence valuations triggered a pullback in the technology sector. Nvidia slid ahead of its earnings report, dragging down fellow “Magnificent Seven” peers despite a major partnership announcement with Anthropic, as investors increasingly question the…
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. A Harvard Business School student once told Jeff Bezos that Amazon.com Inc. (NASDAQ:AMZN) had little chance against traditional retailers and should sell to Barnes & Noble and cash in while he could. The moment, which dates back to…
As the semi-annual Canton Fair – China’s largest and oldest trade exhibition – draws to a close, a new exhibition area dedicated to digitally and technologically powered approaches to healthcare has drawn keen interest from overseas buyers. The “Intelligent Healthcare” zone, featuring 47 leading domestic manufacturers, is a showcase for medical robots and artificial intelligence…
By Rashika Singh and Deborah Mary Sophia (Reuters) -Amazon shares jumped nearly 12% in premarket trade on Friday after strong growth at its cloud unit and a bullish sales outlook eased fears that the tech giant was falling behind rivals in the AI race. Revenue at Amazon Web Services, the hub of the company’s recent…
US stock futures ticked higher Thursday night, lifted by upbeat quarterly results from Apple and Amazon that capped a pivotal week for Big Tech. S&P 500 futures (ES=F) advanced 0.6%, while those on the tech-heavy Nasdaq 100 (NQ=F) jumped 1.1%. Futures linked to the Dow Jones Industrial Average (YM=F), which includes fewer tech stocks, rose…
Dozens of popular apps and websites continue to experience disruptions caused by a major outage at Amazon Web Services, a cloud computing service that powers much of the internet. , a website that tracks online outages, users of apps such as Snapchat and WhatsApp and major websites, including Amazon, began reporting service disruptions shortly after…
Soon after Amazon Web Services experienced an outage, Tesla CEO and owner of X (formerly Twitter) took a dig at the company through multiple posts on the social media platform. He also asked people to rely on X as the platform offers ‘no advertising hooks or strange “AWS dependencies”. “The messages are fully encrypted with…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Hundreds of AI apps and sites can now easily make fake pornography from photos of anyone, including children. Three women in Minneapolis tell CNBC how a close friend made explicit imagery of them using a “nudify” tool. Often marketed as simple face-swappers,…
U.S. technology company Amazon is funding a water efficiency project in Mexico City, investing US $2.45 million to upgrade water infrastructure in the capital. The initiative, funded by the cloud computing subsidiary Amazon Web Services (AWS), is a “strategic multinational partnership” between Amazon and the Mexico City Ministry for Comprehensive Water Management (Segiagua), according to…
Shares of cloud computing and online retail behemoth Amazon (NASDAQ:AMZN) fell 7.8% in the afternoon session after the company reported disappointing second-quarter results and provided a weak forecast for future growth. The e-commerce and cloud computing giant pointed to slowing growth in its key Amazon Web Services (AWS) division and higher operating costs. Management explained…