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The Latest Breaking News from AWS

Tech giants to invest B300bn in Thailand

The government has announced it has successfully convinced Amazon Web Services (AWS), Google and Microsoft to invest in Thailand, with a total investment worth about 300 billion baht.

Bangkok Post

AI is Making Cloud Services More Expensive

Rates for the top cloud providers have been increasing over the past three months, according to Liftr Insights

TV Tech

Unlimited cloud storage provider used ancient technique to boost upload speeds — Son of Intel's Robson makes a timid return with SSD cache but on a much, much bigger scale

File uploads on B2 Cloud Storage are up to 30% faster than on AWS servers.

TechRadar

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Sumo Logic confirms data breach after AWS systems hit

Sumo Logic advises immediate API key rotation and credential updates right now.

TechRadar

Amazon's Huge Increase in Positive Free Cash Flow Augurs Well for AMZN Stock

Amazon said its Q3 sales rose 11% net of currency changes, but its free cash flow was up 170% from the prior quarter. Moreover, its FCF margin spiked. That implies AMZN stock could rise further.

Barchart

Riot Games Taps Gravity Media for Managed Services at a New Remote Broadcast Center

The facility in the greater Seattle area for producing eSpots is powered by AWS and is set to open later this year

TV Tech

AWS offers more flexible access to Nvidia GPUs for short-duration AI workloads

Short-term rental of Amazon’s EC2 P5 instances, with Nvidia H100 GPUs, gives compute power to more businesses.

TechRadar

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Exposed AWS credentials stolen within minutes by Github hackers

Hackers are quick to grab AWS keys exposed on GitHub and use them to set up cryptojackers.

TechRadar

Amazon's big Bedrock bet

Amazon is developing its own generative AI model, but its AWS cloud business is betting that customers want to experiment with a mix of different models.

Fortune

Amazon Stock Pops After Q3 Beat: Here’s Why It's Still a Strong Buy

Amazon stock is trading higher today after posting better-than-expected Q3 earnings. Here are the key takeaways from the report, and why AMZN is still a good buy.

Barchart

Amazon (AMZN) Earnings Forecast and Gameplan

Amazon’s (AMZN) second-quarter revenue and earnings surpassed analyst estimates, and the company issued optimistic guidance for the third quarter. However, it continues to face challenges, including sluggish growth in its cloud and e-commerce businesses and the FTC’s anti-trust lawsuit. So, let’s determine if you should buy, hold, or sell this…

StockNews.com

Amazon Q3 Preview: 5 Key Things to Watch in This Week's Earnings

FAANG heavyweight Amazon will release its highly anticipated Q3 earnings this week. Here's what analysts expect from the report and the 5 key things to watch out for on the earnings call.

Barchart

3 Internet Stocks Outshining Amazon.com (AMZN) and Netflix (NFLX)

A significant surge in internet usage supported by government initiatives and growing digital transformation worldwide would create numerous growth opportunities for companies offering internet-based services. Amid this, let’s look at quality internet stocks LY Corporation (YAHOY), Expedia (EXPE), and Data Storage (DTST) outshining Amazon.com (AMZN) and Netflix (NFLX). Continue reading….

StockNews.com

3 Tech Stocks Outperforming Most of the Industry

As rapid technological advances continue to transform industries, the tech sector is poised for significant expansion in the foreseeable future. Given this backdrop, fundamentally strong tech stocks TaskUs (TASK), NetScout Systems (NTCT), and GigaCloud Technology (GCT) could be wise portfolio additions now. Read on….

StockNews.com

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Fortune

Amazon Web Services expands roster by adding blockchain gaming firm Immutable, valued at $2.5 billion

Cloud computing giants like AWS and Google Cloud continue to announce partnerships with high-profile crypto companies.

Barchart

Amazon Stock: 3 Reasons Why the 13% Pullback Looks Like a Great Buying Opportunity

Amazon stock is under pressure amid tech sector weakness, but three potential catalysts make this dip worth braving for contrarians.

Motorsport

Motorsport.tv guide: What's on 7-8 October weekend?

Here is a guide to what's on Motorsport.tv for the weekend of 7-8 October. For a detailed list of what's available in your area, please visit the livestream page: Motorsport.tv/livestream.

StockNews.com

Top Defense Stock Buys for October

The consistent advancements in missiles and defense systems and geopolitical instability are boosting the defense industry. Therefore, it might be wise to buy fundamentally strong defense stocks CACI International (CACI), OSI Systems (OSIS), and Textron (TXT) next month. Read more.

Get all your
news in one place.

100's of premium titles.
One news app.

Barchart

Down 13% from 52-Week Highs, Is Amazon Stock a Buy Now?

Amazon stock is down more than 13% from the 52-week highs that it hit earlier this month. Why is AMZN stock dropping, and should you buy the dip?

AAP

Cloud-based micro businesses floated for future economy

Artificial intelligence in health, education or agriculture could fix many social challenges and is within reach for even the smallest firms, a report shows.

Zenger

Amazon Invests $4 Billion In AI Startup Anthropic To Unlock AI Potential

Investment highlights Amazon's commitment to AI, boosts competition with tech rivals and revenue growth

Fortune

Anthropic’s CEO says why he quit his job at OpenAI to start a competitor that just received billions from Amazon and Google

Anthropic CEO Dario Amodei has raised billions from Amazon, Google, and Salesforce.

Fortune

What is Anthropic? The buzzy AI startup just got up to $4 billion in funding from Amazon as part of a colossal tech alliance

Anthropic will get $1.25 billion upfront as well as access to tools Amazon is creating for AI developers.

Fortune

Amazon has good reason to become Anthropic's new AI BFF

AWS is investing up to $4 billion in OpenAI competitor Anthropic, maker of the Claude 2 chatbot.

The Guardian - UK

Amazon to invest up to $4bn in OpenAI rival Anthropic

Tech company plays catchup after Microsoft’s deal with ChatGPT developer in January

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