Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories.

Amazon.com forecast current-quarter revenue above market estimates on Thursday, encouraged by solid retail business despite ...

Microsoft Corp. said it will spend more than $30 billion in the current quarter to build out the data centers powering its ...

NEW YORK >> U.S. stocks closed lower today as early gains faded, following the latest round of corporate earnings and economic data, as investors awaited results from megacaps Amazon and Apple due ...

A notable nugget for data platform watchers is with Azure Databricks and Snowflake on Azure both accelerating, Microsoft is ...

Amazon reported a 35 percent jump in quarterly profits Thursday as the e-commerce giant said major investments in artificial intelligence began paying off. - 'Curveballs' - Amazon Web Services (AWS), ...

Investors had big expectations for Amazon, and in particular the company's AWS cloud unit, following strong results from Microsoft (NASDAQ: MSFT). Amazon revenue and earnings were up 13% and 33%, ...

Amazon Web Services is aiming to leverage its clout in the cloud for an AI advantage. (GeekWire File Photo) An increase in Amazon Web Services spending ...

Amazon.com, Inc.'s Q2 impresses but shares dip on cautious Q3 outlook. Click for my updated look at AMZN stock and why I ...

AWS represents a small part of Amazon’s total revenue, but it is a key driver of profits, typically accounting for about 60% ...

Jassy told analysts that companies have two choices, to embrace and shape the change that's coming, or "wish it away and have it shape you." ...

The CMA determined that "competition is not working well" and has shared recommendations to solve the situation. An independent CMA panel found the cloud services market to be “highly concentrated,” ...