Revenue for AWS, Amazon’s closely watched cloud unit, was $33 billion versus a $32.5 billion analyst estimate.
Shares of Marvell Technology ($MRVL) jumped over 4% on Friday. The upside came after Amazon ($AMZN) highlighted rising demand ...
One only need look at the incredible revenues and profits of the datacenter business at Nvidia to know that the world’s biggest compute customers – the ...
Marvell Technology Inc. (MRVL) is positioned for accelerated growth as Amazon's Trainium chip deployments and cloud spending ...
Amazon stock surged 13% after third-quarter earnings beat expectations, driven by AWS posting its fastest growth in over a ...
Amazon's stock (AMZN) has been bottled up this year, held back by ho-hum cloud growth that raised investor concerns about the competitiveness of AWS, the company's profit engine. But AWS reignited in ...
Marvell Technology (MRVL) shares rose more than 5% in premarket trading on Friday after Amazon (AMZN) said it is seeing a lot of demand for its Trainium processors. Read for more.
Amazon announced earnings per share of $1.95, exceeding the expected $1.57—a 25% surprise that caught Wall Street completely ...
AWS was strong, as growth accelerated to 20% year over year, a pace that CEO Andy Jassy thinks can continue for “a while.” As ...
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“Amazon has a deep moat around their core businesses driven by their unmatched scale and appears to have numerous healthy organic revenue growth opportunities driven primarily by their high-margin AWS ...
Amazon reported third-quarter earnings that exceeded expectations, which prompted a 13% rise in its share value during ...