Amazon investors drove shares down sharply on Thursday due to weakness in the retailer’s cloud computing unit and lower-than-expected forecasts for first-quarter revenue and profit. Amazon’s ...
The tech giant's ad revenue grew by 18 percent in its latest quarter, as did overall sales and operating income. By Alex Weprin Media & Business Writer Amazon beat Wall Street expectations in its ...
One big reason Amazon has shot up the charts is its cloud business, Amazon Web Services. Revenue at AWS has more than doubled since 2020 and now accounts for about 17% of total sales. The Covid ...
It can be said that Netflix follows a subscription-based business model as nearly 90% of its total revenue comes from subscriptions ... and compete with other streaming platforms (given the fierce ...