Amazon's AI talk is making Wall Street drool, but there seems to be a catch

Amazon’s AWS business is seeing ‘lumpy’ revenue, as companies find footing with AI

Amazon.com Inc.

investors were willing to look past a soft holiday-quarter outlook once executives spent the bulk of the company’s earnings call talking up big opportunities in the cloud fueled in part by artificial-intelligence deals.It’s easy to get carried away thinking about the potential in generative AI,...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

MarketWatch /  🏆 3. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Amazon Reports Earnings Today. What to Expect.Wall Street sees Amazon Web Services revenue improving 12.9% in the quarter to $23.2 billion.
Read more »

Amazon shares climb after revenue soared 13% in Q3 to beat Wall Street estimatesShares of the online retailer and cloud major rose about 5% in extended trading.
Read more »

Here are Thursday's biggest analyst calls: Meta, Apple, Microsoft, Live Nation, Adobe, Disney & moreHere are Thursday's biggest calls on Wall Street.
Read more »

Negative numbers flood Huntsville and Alabama Stock ReportWall Street drops back to where it was in May.
Read more »

Bitcoin, XRP, and BTCS in the Context of Wall Street Investors in 2023Crypto Blog
Read more »

Comcast Shrugs Off Domestic Ad Dip To Top Wall Street Q3 EstimatesComcast beat Wall Street estimates for third-quarter revenue and earnings despite a drop in domestic advertising. The NBCUniversal parent reported revenue of $30.1 billion in the period ending Sept…
Read more »