Goldman said Amazon’s advertising unit is also an “increasingly important” profit driver, forecasting compound annual revenue growth of about 16% through 2028 as ads expand across shopping, streaming ...

US stocks drifted higher after stocks hit fresh records with Wall Street fixated on the promise of AI even as the government shutdown drags on.

US stocks drifted higher after stocks hit fresh records with Wall Street fixated on the promise of AI even as the government shutdown drags on.

Amazon's highly profitable ad division is the key to funding the company's future growth, according to a Needham analyst Amazon's ad business contributes over half of the company's total operating ...

Top Goldman Sachs analyst Eric Sheridan raised his price target for Amazon (AMZN) to $275 from $240 and reiterated a Buy rating, calling the e-commerce and cloud computing giant a “preferred name” ...

Jeff Bezos believes artificial intelligence will reshape the global economy, even if today’s rush of capital into the field looks ...

The slowdown in the growth of the Magnificent Seven reflects a growing divergence within the group this year. Nvidia, Alphabet, Microsoft and Meta are still riding the AI wave, with their shares up 40 ...

Red-hot demand for data centres and a lack of infrastructure capital is creating a rare market dynamic in which lower-risk credit can yield more than equity investments in the sector, according to ...

KeyBanc expects Oracle's cloud capex conversion rates to outperform AWS and Azure, signaling growth potential.

Nebius secured the first hyperscaler in the US which is a massive deal that significantly improves its top-line growth. Learn more about NBIS stock here.

Microsoft Corp. has entered a US$19.4 billion partnership with Nebius, a Neocloud provider, to secure over 100,000 Nvidia GPUs. This agreement is intended to enhance Microsoft's large language model ...