Amazon hits a record high after its new Meta deal highlights how AWS is gaining traction in AI through both cloud capacity ...
Amazon is rated a Sell due to valuation concerns; it rebounded ~20% from March lows, fueled by a major AWS-Anthropic deal.
Revenue in the first quarter of 2026 amounted to EUR 1,547.0 million, an 0.8% decrease compared to the first quarter of 2025.
Companies like Snap and Salesforce said cuts were a result of AI. Snap shared plans to cut 16% of its global workforce, citing "rapid advancements" in the technology. In February, CEO Jack Dorsey ...
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