Hello and Happy Friday! I’m Joe Ciolli, and I’m subbing in for Dan DeFrancesco today. I’ll be writing a daily markets newsletter starting on Monday, so sign up here, and tell all your friends! If you’re planning on using DoorDash to have a self-driving Waymo deliver you pizza this weekend — something that’s now possible…
(Bloomberg) — Amazon.com Inc.’s cloud-computing business has helped propel its shares for almost two decades, but increasing pressure from rivals like Microsoft Corp. and Oracle Corp. is sapping some of the stock’s appeal. Most Read from Bloomberg The proliferation of artificial intelligence has led to an explosion of demand for cloud hyperscalers, where Amazon Web…
Amazon.com, Inc. (NASDAQ:AMZN) is one of the AI Stocks Every Investor Should Watch. On September 24, Wells Fargo analyst Ken Gawrelski upgraded the stock from Equal Weight to Overweight with a price target of $280.00 (from $245.00). The firm has stronger conviction in AWS revenue acceleration in 2026 driven by Project Rainier capacity additions and peak…
Amazon Web Services (AWS) has joined its US peers Microsoft and IBM in downsizing artificial intelligence research activities in mainland China amid ongoing geopolitical tensions. The company has decided to close its seven-year-old AI Shanghai Lablet due to “China-US strategic realignment”, according to Wang Minjie, the facility’s chief applied scientist, in an announcement posted on…
AWS Marketplace customers now have a single place to discover Workato’s AI Agents PALO ALTO, Calif., July 16, 2025–(BUSINESS WIRE)–Workato®, the leader in agentic orchestration, today announced the availability of three ready-to-deploy AgentX Apps in the new AI Agents and Tools category of AWS Marketplace. Customers can now use AWS Marketplace to easily discover, buy,…
Microsoft is reportedly facing a $1.27 billion lawsuit in the UK. According to a Reuters report, the software giant has been accused of unfairly overcharging customers of rival cloud companies. Microsoft offers discounted pricing for companies using Windows Server on Azure compared to competitors like AWS, Google Cloud, or Alibaba Cloud. This pricing strategy, the…