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Cloud Contest: Microsoft And Amazon Fight Battle As Earnings Loom

It may sound like a movie, but “JEDI” could be a hot earnings call topic for both Microsoft Corporation (NASDAQ: MSFT) and Amazon.com, Inc. (NASDAQ: AMZN) this quarter. read more.....»»

Category: blogSource: benzingaJul 17th, 2019

Amazon"s cloud division has its most profitable quarter ever

The Seattle-based tech giant reported its first quarter earnings on Tuesday, beating Wall Street estimates nearly across the board......»»

Category: topSource: bizjournals14 hr. 58 min. ago

Is Amazon Stock Worth Buying Ahead of Q1 Earnings?

Amazon (NASDAQ: AMZN) is scheduled to report first-quarter 2024 results on Apr 30. The company has been rising on its dominant position in the online retail and cloud computing markets. It has been benefiting from the solid momentum across Prime and Am.....»»

Category: earningsSource: benzingaApr 26th, 2024

Google leads Big Tech fight for spouses of skilled immigrant workers

The tech giant was joined in a court filing by a number of others including Adobe, Amazon, Apple, Electronic Arts, eBay, IBM, Intel, Microsoft, PayPal, Reddit, StubHub and Twitter......»»

Category: topSource: bizjournalsMay 14th, 2021

The Pentagon may axe its $10 billion JEDI cloud-computing contract with Microsoft because of endless litigation from Amazon, a report says

Microsoft won the $10 billion JEDI contract in 2019 to store and manage sensitive military and defense data. Amazon has objected .....»»

Category: personnelSource: nytMay 11th, 2021

Court Battle With Amazon May Force Pentagon To Scrap "JEDI" Cloud-Computing Program

Court Battle With Amazon May Force Pentagon To Scrap 'JEDI' Cloud-Computing Program Has Jeff Bezos overpowered the Pentagon with legal firepower? Amazon's leg.....»»

Category: blogSource: zerohedgeMay 10th, 2021

Court rejects motion to dismiss JEDI allegations, allowing Amazon to argue for depositions

Microsoft and the Defense Department had asked the court to dismiss allegations that President Donald Trump improperly interfered in the Joint Enterprise Defense Infrastructure contract, a $10 billion military cloud project......»»

Category: topSource: washpostApr 28th, 2021

Court rejects motion to dismiss JEDI allegations, allowing Amazon to seek depositions

Microsoft and the Defense Department had asked the court to dismiss allegations that President Donald Trump improperly interfered in the Joint Enterprise Defense Infrastructure contract, a $10 billion military cloud project......»»

Category: topSource: washpostApr 28th, 2021

"Redmond delivers another cloud masterpiece": 4 Wall Street analysts on Microsoft"s latest earnings report

Microsoft turned in 19% revenue growth and 45% EPS growth year-over-year in its fiscal Q3 earnings release, bu.....»»

Category: topSource: businessinsiderApr 28th, 2021

Pete Najarian Looks For Growth In Microsoft Azure Heading Into Earnings

Pete Najarian expects Microsoft Corp (NASDAQ: MSFT) to continue to show growth in its cloud computing service Azure. read more.....»»

Category: blogSource: benzingaApr 27th, 2021

Tesla, Amazon earnings and Federal Reserve decision top week ahead

The earnings parade rolls on this week as dozens of names including Tesla, Microsoft, Alphabet, Apple, Amazon and Facebook are set to report......»»

Category: topSource: foxnewsApr 25th, 2021

From Amazon Towards Microsoft — Why "Tide Is Shifting In The Cloud Arms Race"

Microsoft Corporation (NASDAQ: MSFT) is poised to chip away further market share from Amazon.com, Inc (NASDAQ: AMZN) cloud subsidiary Amazon Web Services, .....»»

Category: blogSource: benzingaMar 16th, 2021

Legal Tussle With Amazon Puts Microsoft"s $10B JEDI Contract In Jeopardy: Bloomberg

Microsoft Corp (NASDAQ: MSFT) could lose the $10 billion contract to provide cloud computing services to the Pentagon, a deal the government has threatened to discar read more.....»»

Category: blogSource: benzingaMar 5th, 2021

Steve Ballmer said on Clubhouse that he wishes Microsoft had taken on Amazon"s cloud business sooner

Amazon Web Services was is the leader in the cloud-infrastructure market during the fourth quarter of 2020. Microsoft Azure ranked second. Former Micros.....»»

Category: personnelSource: nytFeb 13th, 2021

What will Andy Jassy’s Amazon rise mean for AWS growth in the D.C. region?

One analyst sees the AWS CEO's promotion as possibly portending more heated cloud competition with rival Microsoft, which has increasingly been building out its real estate footprint across Greater Washington......»»

Category: topSource: bizjournalsFeb 4th, 2021

Amazon, Microsoft "Cloud Arms Race Hitting Another Gear" With Bezos Replacement: Wedbush

The elevation of Amazon.com, Inc (NASDAQ: AMZN) executive Andy Jassy, who heads Amazon Web Services, to the position of CEO represents that "cloud arms ra.....»»

Category: blogSource: benzingaFeb 3rd, 2021

Microsoft delivers on cloud performance in "blowout" quarter, Wedbush says

Microsoft delivered strong results in its Tuesday earnings release with cloud computing driving a 17% year-over-year increase in revenues. Microsoft delivers strong earnings. Cindy Ord/Getty Images Microsoft sh.....»»

Category: smallbizSource: nytJan 27th, 2021

Microsoft earnings jump on pandemic-driven cloud, videogaming demand

The .....»»

Category: topSource: foxnewsJan 26th, 2021

Microsoft Soars On Blowout Earnings Thanks To Surging Cloud Revenue; Returns $10BN To Shareholders

Microsoft Soars On Blowout Earnings Thanks To Surgin.....»»

Category: dealsSource: nytJan 26th, 2021

Microsoft will leap another 20% as cloud-computing strength drives strong earnings, Wedbush says

A permanent shift to telework will bolster the cloud product's growth, and the trend is still "in early days of playing out," Ives said. Stephen Brashear/Getty Images.....»»

Category: dealsSource: nytJan 25th, 2021

Microsoft will likely beat Street views in December quarter as pandemic accelerates shift to cloud: Wedbush

Microsoft Inc. is likely to again exceed earnings expectations for its December quarter, as the current work-from-home environment is accelerating the shift to cloud, Wedbush ana.....»»

Category: topSource: marketwatchDec 30th, 2020