Amazon (AMZN) AWS Q3 2024 revenues grew 19% to $27.5 billion from Q3 2023
Amazon Web Services continue to grow as the company continues to invest in, expand, and upgrade its service.
31 Oct 21:48 · Shacknews
Amazon's cloud unit records highest profit margin in at least a decade
Amazon Web Services delivered an operating margin of over 38%, the highest since at least 2014.
31 Oct 20:52 · CNBC
Amazon’s Cloud Division Rebounds As Company Invests Heavily
Amazon which recently struck a $2 billion deal with the Australian government to build a “top secret” cloud service for the country’s intelligence services, has seen its cloud business – as well as e-commerce division – being the main growth drivers in its most recent quarter. The Amazon Web Services cloud division, which is also... Read More
1 Nov 00:00 · channelnews
Microsoft CFO says OpenAI investment will cut into profit this quarter
Microsoft has invested over $13 billion in OpenAI, a bet that's weighing on the company's profitability.
31 Oct 00:46 · CNBC
Roku Follows Netflix and Plans to Stop Reporting Streaming Household Numbers
"Our business has also grown and evolved, and we are now primarily focused on growing Platform revenue and profitability,” the company said in the Q3 shareholder letter.
30 Oct 20:50 · The Hollywood Reporter
Roku Q3 Earnings Top Estimates, Company to Stop Reporting Streaming Households Metric
Roku's Q3 2024 results topped Wall Street forecasts, as the company told investors it will stop reporting streaming household numbers.
30 Oct 20:21 · Variety
last updated on 1 Nov 01:27