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Amazon’s first-quarter report offered a mixed bag for investors — a huge earnings beat, but disappointing guidance

Amazon reported a much-better-than-expected first-quarter profit Thursday. But it warned that its second-quarter results would fall shy of estimates.
Amazon CEO Jeff Bezos.

Apple reportedly signed a $1.5 billion, 5-year deal with Amazon’s cloud

Apple and Amazon compete in a lot of ways — but Apple is also reportedly spending in excess of $350 million on Amazon's cloud.

Jeff Bezos says Amazon ‘remains a small player’ in retail after the company posted revenues of $233 billion last year

Bezos said Amazon represents a small percentage of the retail market, and pointed out that e-commerce only makes up a 10% share of retail overall.
After years of hesitancy, Wall Street is finally turning the corner on its acceptance of the public cloud.

‘If you pick a favorite and you’re wrong, you’re fired’: Banks are debating whether to take a single- or multi-cloud approach ...

Wall Street's adoption of the public cloud includes critical questions around how many providers to work with.
Amazon CEO Jeff Bezos, founder of space venture Blue Origin and owner of The Washington Post, participates in an event hosted by the Air Force Association September 19, 2018 in National Harbor, Maryland.

Amazon’s cloud service is going to get a big boost from AI, analyst says

Amazon's cloud service is going to get a big boost from AI, analyst says. AI is set to drive both cloud revenues and margins according to the note.
Microsoft CEO Satya Nadella

The cloud strategy that Microsoft is leading and that Google and Amazon are betting on is growing, report says

Flexera's RightScale 2019 State of the Cloud Report said more companies now have a hybrid-cloud strategy, which Microsoft Azure is a leader in.

It looks like the National Enquirer is using Amazon’s cloud to host its website

The National Enquirer, which is in a big dispute with Amazon CEO Jeff Bezos, appears to be a customer of Amazon Web Services.
Amazon CEO Jeff Bezos at the Economic Club of Washington DC's "Milestone Celebration Dinner."

Amazon’s cloud was a $25.65 billion business in 2018, and shows no signs of slowing down

Amazon Web Services is the leader in the cloud wars, and its rivals aren't catching up just yet.

Amazon tops Wall Street’s holiday expectations, but offers weak sales guidance

The e-tailing giant posted results that were better than Wall Street's heady expectations. But it offered a weak sales forecast.
Amazon Web Services CEO Andy Jassy

The feud between Amazon’s cloud and Oracle may have its roots in a failed meeting between their leaders in 2013

The feud between Amazon Web Services and Oracle stands out because Amazon doesn't talk about competitors. It may have started at a failed meeting years ago.