Not only is Amazon Web Services (AWS) now coming up short of expectations, but it's losing cloud computing market share as ...
Amazon's growth is driven by AI-related cloud demand and ad revenue, with AWS and advertising becoming major profit ...
But after posting a record-breaking $20 billion in profits during the fourth quarter of 2024 alone, almost double its $10.6 ...
CNH Industrial on Tuesday forecast full-year profit below Wall Street's estimates, and said it expects weak demand for farm equipments to bottom out by the year-end, before picking up in 2026.
Google Search and YouTube revenues are projected to grow at 10% and 11%, respectively in Q4, showing slower growth compared ...
Microsoft Corp on Wednesday reported profits of US$24.1 billion in the recently ended quarter, but shares slid on worries over its vital cloud computing business. Revenue grew 12 percent year-on-year ...
While Microsoft’s Azure cloud sales continued to grow at ... out data centers—Microsoft’s historically robust gross profit margin has begun to shrink. This appears to have spooked some ...
Microsoft rivals Amazon, Google and OpenAI have also been spending billions of dollars on AI even though it remains unclear how and when they expect to profit from those investments. Meanwhile, ...
Investors grow concerned that AI expenses and a looming price war in cloud services could blow up its profits.