Cloud run hits Amazon shares: Stock drops over 7% as AWS trails...

Dununu.com Dununu

Sponsorluk

Cloud run hits Amazon shares: Stock drops over 7% as AWS trails Microsoft and Google in AI-driven cloud growth; $170bn market cap erased

RSS Feed Business

Posted

77

Amazon shares experienced a significant drop following the release of its Q2 earnings report, primarily due to the slower-than-expected growth of Amazon Web Services (AWS). While AWS revenue increased, it lagged behind the growth rates of competitors Microsoft Azure and Google Cloud, raising concerns about Amazon's position in the competitive AI-driven cloud market.

Read Full Article

Please log in to like, share and comment!

EĞİTİM BİLGİLERİ

Why Columbia's deal with Trump could drive international students away

By 0 7

'Gives bowlers no time to settle': Sidhu compares Jaiswal's impact to Sehwag

Navjot Singh Sidhu lauded Yashasvi Jaiswal, drawing parallels to Virender Sehwag's impactful...

By 0 16

Bahrain airport traffic tops 4.46 million in H1 2025 as arrivals and departures near balance

Bahrain Airport saw strong passenger traffic in the first half of 2025, exceeding 4.46 million,...

By 0 34

Nepali Congress has to engage Gen Z in politics: Shekhar Koirala

BIRATNAGAR: Nepali Congress leader Dr. Shekhar Koirala has warned that the party faces the risk...

By 0 35

ARCIL IPO: Avenue Capital-backed ARCIL files IPO draft papers with Sebi; GIC to exit, SBI to pare stake

Asset Reconstruction Company (India) Ltd (ARCIL), backed by Avenue Capital Group, has filed its...

By 0 40