The big takeaway from Microsoft’s recent quarterly update revolved around the slowdown in the growth of its cloud computing platform Azure, as reflected in the December quarter’s results and the ...
Amazon’s cloud business, Amazon Web Services, or AWS, reported revenue of $23.06 billion in the third quarter. This marked a 12.28% year-over-year gain and a 4.15% quarter-over-quarter increase.
Another top day for business cloud consumers. Last week we brought you news that Amazon had cut its EC3 storage prices by 25 percent, a move that was countered by Google, which slashed its by 30 ...
BofA’s Justin Post sees AWS growing 19%-20% in Q4 as Azure faces go-to-market challenges. Post maintains a Buy on Amazon, citing strong AI-driven cloud demand and an attractive risk-reward setup. The ...