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☆ Leaked messages show early challenges for Amazon's big AI product and concern about losing customers to Microsoft
▼ + stars: | 2024-09-05 | by ( Eugene Kim | ) www.businessinsider.com time to read: +9 min

Amazon Q, a big new AI product, faces issues such as high costs and lack of features. Neighorn told BI that Amazon had clear pricing for Amazon Q and that customers could use the AWS Pricing Calculator to calculate Amazon Q charges. "Amazon Q only launched in April, and we continue to add new features based on customer feedback," Neighorn said. "Amazon Q has a rapidly growing customer base that is using Q for a variety of use cases." AdvertisementFor now, Amazon CEO Andy Jassy may be the biggest salesperson for Amazon Q.

Persons: —, Q, It's, Slack, Q's, AWS's, Microsoft's Copilot, Patrick Neighorn, Neighorn, Matt Garman, Garman, Andy Jassy, Jassy Organizations: Amazon, Service, Web Services, Business, Microsoft, Google, ChatGPT, BI, Microsoft's Exchange, Bayer, Smartsheet, National Australia Bank, AWS, Q, LinkedIn Locations: North

☆ Amazon checkout process hits technical snag during Labor Day sale
▼ + stars: | 2024-08-30 | by ( Jordan Novet | ) www.cnbc.com time to read: +1 min

A worker prepares packages at an Amazon same-day delivery fulfillment center on Prime Day in the Bronx borough of New York, US, on Tuesday, July 16, 2024. Amazon.com Inc.'s Prime Day sales rose about 13% in the first six hours of the event compared with the same period last year, according to Momentum Commerce, which manages 50 brands in a variety of product categories. But the company's Amazon Web Services division was not reporting any technical issues while the checkout feature wasn't working. In the run-up to the long weekend in the U.S., Amazon has started promoting discounts on products as part of a Labor Day sale. Amazon has warned investors that technical incidents can lead to lower sales and a worse perception of the company's products and services.

Persons: Stephanie Keith, X, Mark Mahaney, Uber Organizations: Amazon.com Inc, Momentum Commerce, Bloomberg, Getty, Web Services, Amazon, Labor Locations: Bronx, New York, U.S

☆ A former Nvidia researcher who left the chip giant for academia shares why AI models should be open source and free for all
▼ + stars: | 2024-08-29 | by ( Helen Li | ) www.businessinsider.com time to read: +11 min

AI researcher Anima Anandkumar highlights the role of AI in weather, climate, and medical design. She formerly worked at Nvidia on machine learning research and now spearheads Caltech's AI research. The former Nvidia senior director of AI research and Amazon Web Services alum spent decades working at the forefront of AI algorithms and helped make Nvidia's FourCastNet weather simulator available as open source. I see that as the golden age of open research where even in industry, you could open source, you could publish, you could freely collaborate. To me, my goal to be having a dual appointment was to really enable open research and do that for beneficial tasks.

Persons: —, Anima, Anandkumar, fluidly, I've, ChatGPT, I'm, it's, Gavin Newsom, That's Organizations: Nvidia, Service, Web Services, Caltech, Business, Big, Big Tech, AWS, TED, Gov Locations: Big Tech, California

☆ Why Cramer advises against running out to buy Nvidia's post-earnings stock dip
▼ + stars: | 2024-08-28 | by ( Zev Fima | ) www.cnbc.com time to read: +12 min

Jim doesn't see a need to step in first thing Thursday morning and buy the dip. Through its Nvidia AI Enterprise service, Nvidia is in the process of building out a potentially massive software business. Quarterly commentary During Nvidia's fiscal second quarter, better-than-expected sales were driven by strength in all key segments, including a Data Center segment revenue record. Regarding China, Kress said, "Data Center revenue in China grew sequentially in Q2 and is a significant contributor to our Data Center revenue. Guidance Taking a closer look at guidance, Nvidia's fiscal third quarter may not have beaten the Street's estimates by the magnitude some were hoping for, but it's far from disappointing.

Persons: Lindy, Triple Lindy, Jensen Huang, Hopper, Blackwell, Jim Cramer, Jim doesn't, Colette Kress, Kress, it's, inferencing, ChatGPT, Cloud prem, Nvidia Isaac, Jim Cramer's, Jim, Andrej Sokolow Organizations: Nvidia, Revenue, Triple, Moore's, Hopper, Blackwell, Amazon Web Services, Google, Enterprise, Devices, Intel, Apple, Data Center, Networking, Management, Data, Centers, Automotive, Siemens, Nvidia Blackwell, Mercedes, Benz, Nvidia Omniverse, CNBC, Getty Locations: China, Boston, Silicon Valley

☆ Leaked Amazon documents reveal 9 top factors customers consider before buying AI models and services
▼ + stars: | 2024-08-28 | by ( Eugene Kim | ) www.businessinsider.com time to read: +5 min

AWS wants to focus on cloud infrastructure and AI foundation models, not AI chatbots. The guidelines, which Business Insider obtained, also list nine important factors customers consider before purchasing generative-AI models and services. Amazon; InsiderHere are the nine factors:AdvertisementCustomization: The ability to tailor AI models for specific requirements (e.g., the style of a model's outputs). The ability to tailor AI models for specific requirements (e.g., the style of a model's outputs). Advertisement"AWS has more generative AI services than any other cloud provider, which is why our AI services alone have a multi-billion dollar run rate," the spokesperson added.

Persons: —, Matt Garman, It's Organizations: Service, AWS, Web

☆ Google says 'we're flattered they're worried about us,' after Amazon sales guidelines diss rival's AI capabilities
▼ + stars: | 2024-08-27 | by ( Eugene Kim | ) www.businessinsider.com time to read: +3 min

Amazon's AI sales guidelines criticize rivals including Google and Microsoft. AdvertisementAmazon has internal sales guidelines that deride the AI capabilities of some of its biggest rivals, including Google. But OpenAI's explosive popularity gave it a head start in generative AI; the internal sales guidelines indicate some AWS customers launched their first AI projects using OpenAI's technology instead of AWS's. "It's no secret that generative AI is an extremely competitive space. AWS has more generative AI services than any other cloud provider, which is why our AI services alone have a multi-billion dollar run rate," the Amazon spokesperson said.

Persons: —, We're, they're, doesn't, Atle Erlingsson, Erlingsson, It's Organizations: Google, Microsoft, Service, Amazon Web, Business, AI, Amazon

☆ Internal Amazon sales guidelines spread doubt about OpenAI capabilities while bad-mouthing Microsoft and Google
▼ + stars: | 2024-08-26 | by ( Eugene Kim | ) www.businessinsider.com time to read: +10 min

Other talking points from the documents include OpenAI's lack of access to third-party AI models and weak enterprise-level contracts. "For generative AI workloads, AWS will compete most often w/ Microsoft's Azure OpenAI Service, OpenAI (directly), and Google Cloud's Generative AI on Vertex AI," one of the documents said. Instead, Amazon has prioritized selling AI tools like Bedrock, which gives customers access to third-party AI models. The sales guidelines also outline how AWS sales reps should respond to customers' questions about Microsoft and Google. In situations where Microsoft pitches its AI-powered analytics software, Fabric, to customers, AWS salespeople are instructed to say, "Microsoft Fabric is a new (unproven) offering."

Persons: —, It's, isn't, ChatGPT, OpenAI, OpenAI's, Sam Altman, Jason Redmond, Claude, Satya Nadella, Justin Sullivan, Maia, We're, they're, doesn't, Atle Erlingsson Organizations: Microsoft, Google, AWS, Service, Business, OpenAI, Amazon, Nvidia, Getty, Meta, Amazon's, AI, Fortune Locations: AFP

☆ 2 investment areas in AI that people will be 'very bullish' on in the future, according to a VC
▼ + stars: | 2024-08-26 | by ( Jaures Yip | ) www.businessinsider.com time to read: +4 min

Read previewWith the AI arms race underway and a host of industries investing in the technology, Lux Capital venture capitalist Josh Wolfe identified the areas he's particularly keen on. AI in biology"AI into biology is really interesting because most computer scientists underappreciate how hard biology is," he said. "Biology is really complex — it is not linear, it is not 'programmable biology' the way many people think." AI in roboticsWhile "robots" typically invoke images of futuristic humanoid tech like Elon Musk's Optimus, Wolfe said he thinks "humanoid robots are not going to be the way." Although Wolfe thinks humanoid robots will attract money for their intrigue, he said that robots mimicking human capabilities are "really inferior to what robots can do."

Persons: —, Josh Wolfe, Logan Bartlett, Wolfe, Meta, Nat Friedman, Daniel Gross, ESM3, Elon, Optimus Organizations: Service, Lux Capital, Business, Meta, Amazon Web Services, AWS

☆ A comedian has been roasting bad Tinder profiles for a decade. Here are 3 dating app mistakes she sees all the time.
▼ + stars: | 2024-08-13 | by ( Julia Pugachevsky | ) www.businessinsider.com time to read: +4 min

Lane Moore, a comedian and author, has hosted "Tinder Live" for 10 years, where she swipes on real profiles in front of an audience. AdvertisementLane Moore hosting "Tinder Live." From her decade of hosting "Tinder Live" and experience with editing bios, she's encountered some mistakes over and over again. Being too negative or judgmentalMoore said the amount of negativity on dating app profiles still surprises her. Occasionally, she'll stumble across a genuine profile during "Tinder Live."

Persons: it's, Lane Moore, Moore, Mindy Tucker Moore, she's, There's Organizations: Service, Business, Tinder

☆ We're adding to a tech stock we've been watching since a post-earnings stock decline
▼ + stars: | 2024-08-12 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

Following Monday's trade, Jim Cramer's Charitable Trust will own 750 shares of Amazon, increasing its weighting to roughly 3.9% from 3.54%. We've been eyeing this buy since Aug. 2 after the stock fell roughly 10% in reaction to a second - quarter earnings report . Let's not forget the 1,128 basis point margin growth at Amazon Web Services. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jim Cramer's, We've, Donald Trump, Jim Cramer, Morgan Stanley, Jim Organizations: Amazon, Services, Amazon Web Services, CNBC Locations: North America

☆ Buy the dip in tech stocks including Nvidia amid market uncertainty, Bank of America says
▼ + stars: | 2024-08-10 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

There's still plenty of top technology stocks to buy even as the market unease continues, according to Bank of America. Apple Services saw record revenue, leading Mohan to conclude there's plenty of upside ahead for Apple shares as new products debut in September. Apple shares are down about 3% this month. Meanwhile, Netflix shares are down almost 8% over the last month. Palantir "PLTR's dominant position in the AI-powered software market, differentiated end-to-end, ontology-powered & highly secure solutions and first mover advantages should support revenue growth and improving profits in the midterm.

Persons: Palantir, Wamsi Mohan, Tim Cook, Mohan, Jessica Reif Ehrlich, Reif Ehrlich, BofA, Uber, Justin Post, Post, he's bullish, Nvidia, Blackwell Organizations: Bank of America, CNBC, Netflix, Nvidia, Apple, Apple Intelligence, Apple Services, Post, Uber, intel, TAM Locations: Bank

☆ A Google Cloud architect shares the résumé that helped her land the job — and how she prepared for its tough interviews
▼ + stars: | 2024-08-09 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +5 min

That experience with a cloud migration project Sadhwani worked on during her first internship helped her land her first job as a DevOps engineer at Brightspot. After gaining experience in the field for a year and a half, she landed a cloud engineer role at Amazon Web Services (AWS), which she described as a "pivotal moment" in her career. After two years at AWS, a Google Cloud recruiter contacted Sadhwani, who then embarked on its comprehensive interview process. Define your goals and personal brandThe Big Tech job market is competitive, and building a personal brand is important. For Sadhwani, exploring Google Cloud led her to find the perfect role.

Persons: —, Sadhwani, She'd, she's Organizations: Service, University of Maryland, Business, Amazon Web Services, Google, Big Tech

☆ The stock market is in no man's land. Here's what investors should expect next
▼ + stars: | 2024-08-04 | by ( Jim Cramer | ) www.cnbc.com time to read: +16 min

Anything above 4% indicates the market is overbought, anything below a minus 5% means the market is oversold.) I am just prematurely predicting other investors fleeing the stock because they think Warren knows more than them. Many investors thought that Amazon was the best set up of the Mag Seven going into earnings. We are right smack in a most perilous moment because the Fed doesn't want to move too fast but the stock market does and the Fed does not care about that. I don't think a presidential election is all that conducive to the market.

Persons: Warren Buffett's Berkshire Hathaway, Apple, Warren, That's, Buffett, Tim Cook, Cook, Carl Icahn, I'd, Donald Trump, don't, Jerome Powell, Meta, It's, Pat Gelsinger, Andy Grove, Gelsinger, Craig Barrett, that's, Pat, Let's, Mark Zuckerberg, Jim Cramer's, Jim Cramer, Jim Organizations: Nasdaq, Dow, of America, Apple, Microsoft, Bank of America, Amazon Web Services, Investors, Comcast, Walgreens, CVS, Federal, whimpers, Amazon, Nvidia, Meta, Intel, Lenovo, Dell, HP, CNBC, Jim Cramer's Charitable, Traders, New York Stock Exchange Locations: Friday's, China, —, Wells, U.S, humorless, Taiwan, Brookfield, Arizona, NBCUniversal

☆ Entire value of Amazon can be justified by just AWS, says D.A. Davidson's Luria
▼ + stars: | 2024-08-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEntire value of Amazon can be justified by just AWS, says D.A. Davidson's LuriaGil Luria, D.A. Davidson, joins 'Squawk on the Street' to discuss Amazon's quarterly earnings results, what could be an ongoing expense for the company, and more.

Persons: Davidson's Luria Gil Luria, D.A, Davidson

☆ Microsoft's cloud is 'no-brainer' for some AI startups, helping Azure gain ground on AWS
▼ + stars: | 2024-08-02 | by ( Jordan Novet | ) www.cnbc.com time to read: +10 min

However, after EzDubs went through the Y Combinator startup program last year, the company made a quick pivot, adding Microsoft's cloud into the mix. That's because EzDubs' founders learned of a partnership that enabled Y Combinator companies to receive $350,000 worth of credits on Microsoft Azure. The current offer includes $350,000 in AWS credits, plus $300,000 reserved for tapping the custom silicon, the spokesperson said. A spokesperson later said 58% of Y Combinator startups had taken up Microsoft's credit offer, a figure that doesn't reflect actual Azure usage. "Leading AI startups use OpenAI to power their AI solutions, therefore, making them Azure customers as well."

Persons: Amrutavarsh Kinagi, Kareem Nassar, Padmanabhan Krishnamurthy, EzDubs, Krishnamurthy, Y, Annie Pearl, it's, Satya Nadella, Sam Altman, Hayden, CNBC InKeep, OpenAI, Nick Gomez, InKeep's, InKeep, Gomez, CNBC's Andrew Ross Sorkin, Prady Modukuru, Modukuru, Anthropic, Daksh Gupta, Gupta, Nassar Organizations: Google, Microsoft, CNBC, Amazon, Services, Alchemist, AWS, Hayden Field, Sync Labs, Sync, OpenAI Locations: Palo Alto , California, OpenAI's, San Francisco

☆ Wall Street analysts think investors should buy the dip in Amazon, call cloud business a 'bright spot'
▼ + stars: | 2024-08-02 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Investors may way to consider buying the dip in Amazon , according to some Wall Street analysts. A 'bright spot' in AWS Despite Thursday's disappointing results, many Wall Street analysts are finding the positive in the company's Amazon Web Services division. Many expect this business to continue gaining steam, with Susquehanna Financial Group's Shyam Patil referring to this acceleration as a "bright spot" in the results. Evercore ISI's Mark Mahaney referred to accelerating AWS growth as one of "three fundamental catalysts" for the stock. Bank of America's Justin Post named the stock the firm's top large cap picks, citing the AWS acceleration and opportunity within artificial intelligence.

Persons: Deutsche Bank's Lee Horowitz, Deutsche Bank's Horowitz, Mark Shmulik, Shyam Patil, Patil, Morgan Stanley's Brian Nowak, Evercore, Mark Mahaney, Bank of America's Justin Post, We're, Doug Anmuth, Anmuth Organizations: Deutsche, Wall, Web Services, Susquehanna, Bank of America's

Along with the downgrade, Roach slashed her price target to $286 from $463. Along with the downgrade, Arya cut his price target to $23 from $35 a share. — Samantha Subin 6:15 a.m.: Apple results suggest 'best is yet to come,' support multiyear upgrade cycle The latest earnings report from Apple reaffirms analysts' confidence in the technology giant and a multiyear upgrade cycle when it launches its latest iPhone later this year. Bernstein's Mark Shmulik trimmed his price target by $5 to $210 a share but encouraged investors to use the sell-off as an entry point. His price target of $95, down from $99, implies downside of 6.6% over the next 12 months.

Persons: Wells Fargo, Morgan Stanley, Henning Cosman, Cosman, — Samantha Subin, Goldman Sachs downgrades Lululemon, Goldman Sachs, Lululemon, Brooke Roach, Roach, LULU YTD, Vivek Arya, Arya, Samantha Subin, America's Wamsi Mohan, macOS, Samik Chatterjee, Citi's Atif Malik, Bernstein's Toni Sacconaghi, Morgan Stanley's Brian Nowak, ISI's Mark Mahaney, Bernstein's Mark Shmulik, Wells, downgrades Morgan Stanley Wells Fargo, Mike Mayo, Mayo, Morgan, Fred Imbert Organizations: CNBC, Barclays, Ferrari, Bank of America, Intel, AMD, Apple, Apple Intelligence, America's, Amazon, Web Services, North Locations: Europe, U.S, Lululemon

☆ Amazon shares tumble 12% after third-quarter outlook disappoints
▼ + stars: | 2024-08-02 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +3 min

Amazon shares plunged as much as 12% on Friday, a day after the company reported mixed second-quarter results and gave a forecast for the third quarter that fell short of Wall Street's expectations. Revenue in the second quarter rose 10% from a year earlier to $147.98 billion, falling just short of $148.56 billion projected by LSEG. For the third quarter, which runs through September, Amazon said it expects revenue of $154 billion to $158.5 billion. The midpoint of the range, $156.25 billion, fell short of consensus estimates of $158.24 billion, according to LSEG. Amazon Web Services revenue reached $26.3 billion during the quarter, topping consensus estimates of $26 billion.

Persons: Andy Jassy, Amazon, Brian Olsavsky, Olsavsky, Donald Trump, JP Morgan, Morgan Organizations: Amazon.Com Inc, Amazon, JP, Web Services, BMO Capital Markets Locations: Seattle , Washington , U.S

☆ Here are Friday's biggest analyst calls: Nvidia, Apple, Amazon, Intel, Morgan Stanley, Square, Coinbase, Lululemon and more
▼ + stars: | 2024-08-02 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Wells Fargo downgrades Morgan Stanley to underweight from equal weight Wells Fargo downgraded Morgan Stanley and said the "upward premium re-rating seems over." Morgan Stanley initiates Lionsgate Studios at overweight Morgan Stanley said it's bullish on shares of the movie studio company. Morgan Stanley reiterates Tesla as a top pick Morgan Stanley said it's standing by the stock following an analysis of July auto sales. Morgan Stanley upgrades Mobileye to equal weight from underweight Morgan Stanley said the risk/reward is more balanced for the auto supply tech company. " Morgan Stanley reiterates Nvidia as overweight Morgan Stanley says it's sticking with its overweight rating on the AI chipmaker.

Persons: Goldman Sachs, Goldman, Morgan Stanley, Apple, Q, Gildan, Wells, downgrades Morgan Stanley, it's, TD, TD Cowen, Cowen, Raymond James downgrades Crocs, Raymond James, CROX, Oppenheimer, Tesla, Rosenblatt, Lululemon, LULU, K's Organizations: TEAM, Apple Intelligence, Barclays, Deutsche Bank, Amazon, Big Cap Tech, Stifel, Bank of American, Bank of America, Lionsgate, Lionsgate Studios, Intel, of America, TD Cowen, Dynamics, U.S, EV, 7M, UBS downgrades, UBS, Nvidia Locations: California, USA

☆ Amazon should see continued acceleration for AWS in earnings, says Clockwise's James Cakmak
▼ + stars: | 2024-08-01 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAmazon should see continued acceleration for AWS in earnings, says Clockwise's James CakmakJames Cakmak, Clockwise Capital partner and portfolio manager, joins CNBC's 'The Exchange' to discuss expectations for Amazon's earnings.

Persons: Clockwise's James Cakmak James Cakmak

☆ Here's why Amazon's messy second quarter doesn't change our outlook on the stock
▼ + stars: | 2024-08-01 | by ( Jeff Marks | ) www.cnbc.com time to read: +9 min

With AWS humming and management identifying more ways to lower its cost to serve, Amazon's profitability story is still intact. Olsavsky said the profitability of North America stores improved quarter over quarter, driven by further improvements in its cost to serve. The company expects net sales of $154 billion to $158.5 billion, an increase of 8% to 11% year over year. The high end of guidance captures the consensus of $158.2 billion, but it's a miss on the analysts' consensus of $156.25 billion. Management expects operating income of $11.5 billion to $15 billion, which at a midpoint of $13.25 billion misses the consensus of $15.34 billion.

Persons: hasn't, Andy Jassy, Jassy, There's, Brian Olsavsky, Olsavsky, it's, Jim Cramer's, Jim Cramer, Jim, Michael Kappeler Organizations: Revenue, LSEG, Walmart, Target, Microsoft, Web Services, AWS, North, Amazon, Management, CNBC, Getty Locations: North America, Manhattan

☆ Dominion Energy looking at connecting data center directly to Connecticut nuclear plant
▼ + stars: | 2024-08-01 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

Dominion Energy is exploring the possibility of connecting a data center directly to a nuclear plant in Connecticut, as the tech sector hunts for carbon-free electricity to power artificial intelligence applications. "We're certainly open to the idea of a co-located data center," Dominion CEO Robert Blue told analysts on the company's second-quarter earnings call Thursday when asked about Millstone. The utility, headquartered in Richmond, serves northern Virginia, the world's largest data center market. Dominion has connected nine new data centers so far this year with plans for a total of 15 by the end 2024. Amazon Web Services bought a data center powered by a Talen Energy nuclear plant in Pennsylvania for $650 million in March.

Persons: Robert Blue, Blue Organizations: Dominion Energy, Millstone Power, Dominion, U.S . Dominion, Web Services, Energy, AWS, Constellation Energy, Wall Locations: Connecticut, Waterford , Connecticut, Millstone, U.S, Richmond, Virginia, Pennsylvania, East Coast

☆ Amazon's cloud unit reports 19% revenue growth, topping estimates
▼ + stars: | 2024-08-01 | by ( Jordan Novet | ) www.cnbc.com time to read: +2 min

Amazon said Thursday that revenue in its cloud division increased 19% in the second quarter, beating analysts' estimates. The company reported revenue for Amazon Web Services of $26.28 billion. While AWS continues to lead the cloud infrastructure market, Microsoft Azure and Google Cloud have been gaining momentum, due in part to early deployments of AI models. On Tuesday, Microsoft said revenue from Azure and other cloud services jumped 29% in the quarter, and last week Google said its cloud revenue, including cloud infrastructure and Workspace productivity subscriptions, also rose 29%. Companies have started consuming cloud services to deploy generative AI models that power technologies such as OpenAI's ChatGPT chatbot.

Persons: StreetAccount, Matt Garman, Adam Selipsky, Andy Jassy, Garman Organizations: Amazon, Amazon Web Services, Google, Microsoft, Oracle, Companies

☆ Amazon decision to deprioritize 7 cloud services caught customers and even some salespeople by surprise
▼ + stars: | 2024-08-01 | by ( Eugene Kim | ) www.businessinsider.com time to read: +5 min

Read previewAmazon's recent decision to stop accepting new users for several cloud services caught some customers, partners and even a few employees by surprise. No new customers, no new featuresFor a business as important as AWS, deprioritizing services is a tricky balancing act. However, at the scale of AWS, this still means that thousands of developers and other customers likely still rely on these cloud tools. "We will continue to support our customers, whether they continue to use these services, or they migrate to other AWS offerings or alternative third-party solutions." Consider Amazon Q, Amazon Connect, Amazon Bedrock, AWS Marketplace, Amazon WorkSpaces, Amazon SageMaker, Amazon QuickSight, and many other offerings that have had significant success with customers," he wrote in an email.

Persons: —, Jeff Barr, Patrick Neighorn, Neighorn, Randall Hunt, Horovits Organizations: Service, Business, Web Services, AWS, Data Pipeline, Barr's, Amazon Connect

☆ Live updates: Amazon to report quarterly earnings today after market close
▼ + stars: | 2024-08-01 | by ( Joe Ciolli | Matthew Fox | ) www.businessinsider.com time to read: +1 min

Amazon reports second-quarter earnings after the closing bell on Thursday. Investors expect solid growth in both Amazon's AWS cloud unit and its massive retail operation. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAmazon will report second-quarter earnings on Thursday after the closing bell. Amazon's stock was up 23% year-to-date through Wednesday's close, outpacing the the S&P 500 's 16% gain.

Persons: — Organizations: Service

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