Amazon Takes a Hit as AWS Cloud Growth Misses Targets
Feb, 8 2025 Benjamin Calderwood

Amazon Takes a Hit as AWS Cloud Growth Misses Targets

Amazon faced a 4% drop in shares after AWS, its cloud computing division, reported lower-than-expected revenue growth, falling short by $100 million. This decline has been attributed to economic challenges and delayed migrations. Despite setbacks, AWS maintains its dominant market position and has a strategic focus on AI-driven services.

More

Recent-posts

2025 Concacaf Champions Cup: Qualifications and Tournament Insights

Grammys 2025: Unforgettable Malfunctions During Sabrina Carpenter's Dazzling Performance

IRS Sends $1,400 Stimulus Checks: Smart Ways to Make the Most of It

Bowen Yang Calls 'Wicked' Release a 'Miracle' Amidst Tense Political Climate, Spotlighting Racism and Fascism

Backstreet Boys Unveil 'Millennium 2.0' Album and Expand Vegas Residency with New Dates