Tag: Data Services
Amazon says the ‘magic words.’ They spurred a $130 billion market-cap boost.
Three months back, Amazon.com Inc. executives sent investors scrambling for their dictionaries as they called out “attenuating” — or lessening —pressures on the AWS cloud-computing [Read more about this post…]
Amazon’s big earnings beat and upbeat cloud talk send its stock soaring
Amazon.com Inc. closed out last year with a big quarter of profit growth — and it signaled that a recent acceleration in its all-important cloud-computing [Read more about this post…]
Universal Music warns it’ll pull songs off TikTok after licensing deal expires
Universal Music Group, which represents megastars such as Taylor Swift, Bad Bunny and Drake, is warning it will pull its songs from TikTok after failing [Read more about this post…]
Even Cloudflare’s CEO says that viral firing video is ‘painful’
A tech employee’s recording of the meeting firing her from a sales role at Cloudflare NET, -1.79% has spurred criticism of the company — and [Read more about this post…]
NetEase, Tencent shares rebound after China voices support for gaming industry
Recently beaten-down China online gaming stocks rebounded on Wednesday as Hong Kong markets reopened after a holiday to news of a more conciliatory tone on [Read more about this post…]
Nvidia tops list of Wall Street’s 20 favorite stocks for 2024
Investors have driving quite a bounceback for stocks during 2023, and the trend for gains that started late in October has been gaining steam. Below [Read more about this post…]
NetEase sinks 20%, Tencent 11% after China proposes new rules for online gaming companies
Shares of Chinese NetEase Inc. and Tencent Holdings Inc. fell sharply on Friday after authorities announced draft rules to crack down on spending and rewards [Read more about this post…]