Amazon’s Cloud Growth Hits Five-Year High, but Profit Miss and Spending Plans Hit the Shares
Amazon’s cloud business is growing faster than at any time in nearly five years. Investors, worried about the cost of that growth, were not impressed....
Tag : cloud computing
Microsoft Rewarded, Alphabet Punished as Investors Weigh the Cash Cost of Cloud Growth
Two technology giants reported booming cloud businesses on Wednesday, and investors sent their shares in opposite directions. Microsoft rose, while Alphabet slid by around a...
Alphabet and Microsoft Report Today as Investors Weigh the Cost of the AI Build-Out
Two of the world’s most valuable technology companies report quarterly results after the US market close today. The numbers will test whether enormous spending on...
Oracle’s $165 Billion New Mexico Data Center Hits Fresh Turbulence Amid Pipeline Delay
A Marquee AI Project Runs Into Ground-Level Obstacles Oracle’s sprawling data center campus in southern New Mexico, one of the largest and most closely watched...