On Wednesday, Gawrelski upgraded Amazon's stock (AMZN) to overweight while lifting his price target to $280. Previously, Wells Fargo had rated the stock at equal weight with a price target of $245.
Amazon.com on Thursday forecast third-quarter sales above market estimates, but failed to live up to lofty expectations for its Amazon Web Services cloud computing unit after rivals handily beat Wall ...
Some of the best growth stocks in the market can be found in the cloud computing space. In simplest terms, cloud computing is the delivery of computing services over the internet.
Amazon Outperforms Market. AMZN shares have dipped ever so slightly at 0.6% over the past five days but otherwise increased 0 ...
BENGALURU-Amazon.com on July 31 forecast third-quarter sales above market estimates, but failed to live up to lofty expectations for its Amazon Web Services (AWS) cloud computing unit after rivals ...
Amazon and Microsoft are the two largest cloud computing companies. Microsoft Azure has been growing more quickly, but a strained relationship with OpenAI leaves some questions. Amazon's AWS, ...
Amazon.com shares fell 7 per cent on Friday as the tech giant's results fanned investor fears its cloud unit was falling behind Microsoft and Alphabet in the artificial intelligence race. Amazon Web ...
Microsoft just announced a $30 billion investment in its U.K. artificial intelligence infrastructure. Amazon a few months ago ...