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FOUND: 19 | Mind Blowing Facts

Amazon Enters Correction Zone: Time to Panic or Be Brave?

Amazon has slipped 10% since last week's earnings, but solid headline beats and bullish analyst outlooks mean the dip could actually be a great entry point.

MarketBeat

"No amount of redundancy matters" — AWS deletes 10 years of an engineer's data, and there could be a conspiracy afoot

Software engineer Abdelkader Boudih published a lengthy post on their Seuros blog outlining how AWS deleted 10 years of data. Is there a conspiracy afoot? Boudih certainly seems to think so.

Windows Central

AWS accused of a ‘digital execution’ after it deleted 10 years of users' data without warning — software engineer details “complete digital annihilation” at the hands of AWS admins, claims false excuses given for account deletion

A software engineer has warned against trusting cloud data storage services after suffering a ‘digital execution’ at the hands of AWS

Tom’s Hardware

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Amazon Founder Jeff Bezos Loses $17 Billion Following Company's Mixed Q2 Earnings

Jeff Bezos, the founder and Executive Chairman of Amazon.com Inc. (NASDAQ:AMZN), saw his net worth take a plunge, alongside the shares of his company, following its second quarter results last week.

Benzinga

“We want AWS to be the place where everyone runs enterprise AI agents" - the agentic era is here for your business, so be prepared for the new age

AWS has big plans to be the central location for AI agents, with its new AgentCore platform set to play a major role.

TechRadar

Jeff Bezos Built Amazon From A Garage Into A $2.4 Trillion Empire — And It All Started With Used Books And A Recycled Door Desk

Amazon.com Inc. (NASDAQ:AMZN) grew from two people packing books in a Bellevue garage into a $2.4 trillion powerhouse. Founder Jeff Bezos labeled parcels and drove them to the post office while his then-wife, MacKenzie Scott, sealed boxes.

Benzinga

Amazon Stock Hit On AWS: Analysts Brush Off Growth Concerns, 'Buyers Of AMZN On Weakness'

Amazon.com Inc. (NASDAQ:AMZN) analysts raised their price targets on the stock and questioned why shares were falling Friday after reporting better-than-expected second-quarter results.

Benzinga

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Amazon Falls on Fears That AWS Is Losing Market Share: Should You Buy the AMZN Stock Dip Here?

Amazon stock is trading lower today as AWS's Q2 performance and the company's Q3 operating income guidance spooked investors. Should you buy the dip here?

Barchart

Amazon’s Earnings Selloff Explained, and Why You Should Buy AMZN Stock Now

While Amazon’s near-term guidance may appear cautious, its aggressive investments in AI and logistics will secure its dominance for years to come.

Barchart

Amazon Post-Earnings Decline 'Totally Wrong,' Says Analyst As CEO Points Out AWS Has 'More Demand Than We Have Capacity'

Following its second-quarter earnings report, Amazon.com Inc.‘s (NASDAQ:AMZN) stock experienced a significant sell-off. However, a closer look at the details from the earnings call reveals that the primary reason for the slowdown in Amazon’s cloud business, Amazon Web Services (AWS), is not a lack of demand, but a severe capacity…

Benzinga

UK looks to stop "harmful" cloud domination by AWS, Microsoft - but the tech giants are hitting back

CMA confirms it thinks AWS and Microsoft are running anticompetitive business practices to dominate the UK cloud market - but they don't agree.

TechRadar

Amazon Stock Tanks As AWS Misses Whisper Number: 'I Don't Know What's Wrong With It,' Says Gene Munster

Amazon.com Inc. (NASDAQ:AMZN) delivered a strong second quarter but missed expectations on cloud growth, sending shares tumbling and prompting concern from analysts over Amazon Web Services’ momentum.

Benzinga

Amazon CEO Andy Jassy unleashed a meticulous 8-minute defense of AWS’ standing in the AI arms race amid investor stock freakout

AWS is the clear cloud leader in Big Tech. But fast-growing rivals, and the AI boom, have investors spooked.

Fortune

Amazon Profits Surge 35% But Forecast Sinks Share Price

Amazon reported a 35 percent jump in quarterly profits Thursday as the e-commerce giant said major investments in artificial intelligence began paying off.

International Business Times

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Windows Central

As Microsoft posts $75B in Azure revenue, UK’s CMA says “competition is not working well”

Azure’s $75B revenue marks a milestone for Microsoft, but UK regulators say the cloud market isn’t competitive and may need stronger oversight.

Fortune

Amazon earnings beat across the board, but shares fall as investors fret about trade headwinds

With headcount inching up to 1.55 million, CEO Andy Jassy said "AI progress across the board continues to improve our customer experiences, speed of innovation, operational efficiency, and business growth, and I’m excited for what lies ahead."

Benzinga

Amazon Q2 Earnings Highlights: Double Beat, 'AI Progress Across The Board Continues'

Ecommerce giant Amazon.com Inc (NASDAQ:AMZN) reported second-quarter financial results after market close Thursday.

Euronews

UK regulator says Microsoft and Amazon’s cloud dominance hurts competition

The UK authority found that Microsoft and Amazon Web Services have a significant share of the cloud computing market.

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The Independent UK

Amazon and Microsoft harming competition in cloud computing, finds CMA

It raised concerns over the way Microsoft charges Amazon and Google to use its software, which it said is driving up costs.

Benzinga

Satya Nadella Says He Used To Gaze Over The Lake And Wish Netflix Would Use Azure, But Is Happy The Tide Has Turned With OpenAI

Microsoft Corporation (NASDAQ:MSFT) CEO Satya Nadella has said that working with leading AI startups like OpenAI helps sharpen the company's cloud infrastructure and product development, drawing a parallel to a time when he wished Netflix Inc. (NASDAQ:NFLX) had chosen Azure over Amazon.com, Inc.'s (NASDAQ:AMZN) Amazon Web Services.

PC Gamer

Hacker claims to have exposed Amazon's 'AI security theater' after exploiting its coding assistant with a simple factory reset prompt

Nearly 1 million users were potentially exposed in an attack that 'was unsuccessful in executing due to a syntax error'.

Barchart

Will Q2 Earnings on July 31 Power Amazon Stock Higher?

Amazon appears well-positioned for another quarter of solid performance, with both revenue and earnings expected to show steady growth in Q2.

TechRadar

Massive Russian earthquake and tsunami having no effect on subsea cables so far

The world's sixth-largest earthquake just happened in Russian waters, but nearby subsea cables look to be unaffected.

TechRadar

Hacker adds potentially catastrophic prompt to Amazon's AI coding service to prove a point

A hacker injected dangerous commands into Amazon Q, nearly prompting it to delete user systems and cloud data.

Barchart

Google Just Kickstarted a New AI Spending Wave. Buy This Top-Rated Stock to Benefit.

As Google boosts AI spending, Amazon looks primed to gain from rising demand for chips and AI tools.

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