Amazon bungles Wed. layoff plan with misfired internal email
Digest more
Analysts expect 13% revenue growth and margin expansion. Focus on 2026 capex guidance, AWS competitive position, AI chip traction.
AWS is Amazon's cloud services division. It's the largest cloud company in the world, with 29% of the global market share, according to Statista. However, the competition is making strong headway, and Microsoft and Alphabet are both growing their businesses quickly.
Nationwide will have access to artificial intelligence-powered tools to help staff in their everyday interactions with its members.
The Amazon Web Services European Sovereign Cloud will be "physically and logically separate" from other AWS regions, the company said.
Amazon Web Services mistakenly sent layoff emails to employees ahead of its official announcement, as reports suggest the tech giant may cut up to 30,000 jobs globally, including potential impacts in India.
AWS services director and sales leader Bryan Davis leaves Amazon Web Services as a top North American executive to join Ab Initio Software.
Oppenheimer pointed to accelerating growth at Amazon Web Services as a major driver for shares of Amazon . The bank maintained its outperform rating on the e-commerce giant. Oppenheimer also named the stock a top mega-cap pick,
Amazon.com, Inc. (NASDAQ:AMZN) is one of the Best Quantum Computing Stocks to Buy for 2026. On January 15, Bloomberg reported that Amazon.com Inc.’s (NASDAQ:AMZN) Amazon Web Services struck a deal with Rio Tinto Group to utilise copper from an Arizona mine in the US data centers.