Google Cloud Platform – Charm

Big Tech’s earnings will focus on AI and iPhones

Cs news10 months ago10 months ago013 mins

Big Tech’s earnings season continues in earnest after the bell on Wednesday with Google (GOOG, GOOGL), Meta (META), and Microsoft (MSFT) set to announce their results, followed by Amazon (AMZN) and Apple (AAPL) on Thursday. It’s a murderers’ row of announcements that are sure to influence the market’s direction in the days ahead. We’ll still,…

Amazon’s Stock Appeal Hit By Intensifying Cloud Competition

Cs news11 months ago11 months ago010 mins

(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…