Amazon misses on holiday forecast and cloud growth, profit; stock plunges 20%
admin Amazon.com Inc. predicted Thursday that holiday sales and profit would come in well lower than…
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Amazon misses on holiday forecast and cloud growth, profit; stock plunges nearly 20%
Amazon.com Inc. showed its first quarterly profit of the year Thursday, but predicted that holiday…
Read MoreMicrosoft earnings drag down software stocks as results ‘could spark new rounds’ of sector concerns
Microsoft Corp. saw cloud-computing growth slow in the latest quarter, suggesting that even big technology…
Read MoreMicrosoft stock drops more than 6% as forecast comes up short, cloud growth slows
Microsoft Corp. shares fell more than 6% in after-hours trading Tuesday as the company’s cloud-computing…
Read MoreMicrosoft stock slips as Azure growth slows and cloud sales miss projections
Microsoft Corp. shares slipped in after-hours trading Tuesday despite an earnings beat, as the company’s…
Read MoreOpinion: IBM’s expensive and risky pivot to the cloud is finally paying off
International Business Machines agreed to buy open-source enterprise-software company Red Hat for a whopping $33…
Read MoreTikTok will use your data to fuel its multibillion-dollar shopping mall — whether you know it or not
If you ask a roomful of people what TikTok is, you’re bound to get a…
Read MoreGoogle faces an advertising slowdown — here’s why earnings may hold up anyway
It’s been a challenging year for digital advertising, and the worst may be yet to…
Read MoreXi’s power move punishes Chinese stocks, pushing them down as much as 26% in one day
Investors have made one thing clear: They don’t like Xi Jinping’s moves to consolidate power.…
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Opinion: The cloud boom has hit its stormiest moment yet, and it is costing investors billions
The cloud boom has finally reached a resting altitude, but Wall Street is doing anything…
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