Tim Smith has 20+ years of experience in the financial services industry, both as a writer and as a trader. Amazon shares rose 6% in extended trading on Thursday after the company surpassed Wall ...
In a turnaround from last year's record low growth sales rate, Amazon Web Services — the firm's AI-driven cloud platform ... and ad growth helped drive the estimate-beat.
The boom in enthusiasm around AI has led many businesses to start shelling out more cash on the cloud computing capacity needed to underpin the nascent technology. Amazon's key cloud division ...
Amazon stock is increasingly seen as a reasonable value. While the company has historically traded at negative or triple-digit price-to-earnings ratios, its valuation metrics are improving. The ...