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Stockreport

Amazon is the everything-plus-AI store [Reuters]

Microsoft Corporation (MSFT)  More Company Research Source: Reuters
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
NEW YORK, April 30 (Reuters Breakingviews) - Amazon.com is known as the everything store, but investors have thought the description falls flat when it comes to artificial intelligence. While the $1.8 trillion e-commerce giant's valuation has trailed Microsoft , which has plunged into AI, the company is trying to remedy that with spending in the coming year. Its dominance in both data and storage suggests a change in perception may help reality. When it comes to the nuts and bolts, the company led by Andy Jassy is doing just fine. Amazon said on Tuesday that increased 13% year-over-year to $143 billion. Retail sales at its North America division rose 12% to $86 billion and even the international e-commerce division notched positive operating income. And at AWS, the group responsible for the cloud business, growth has reaccelerated: For the three months ending March, revenue rose 17%, better than what analysts' were penciling in, according to LSEG, and faster growth than in the prev [Read more]

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Stockreport

Amazon is the everything-plus-AI store [Reuters]

Microsoft Corporation  (MSFT) 
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
NEW YORK, April 30 (Reuters Breakingviews) - Amazon.com is known as the everything store, but investors have thought the description falls flat when it comes to artificial intelligence. While the $1.8 trillion e-commerce giant's valuation has trailed Microsoft , which has plunged into AI, the company is trying to remedy that with spending in the coming year. Its dominance in both data and storage suggests a change in perception may help reality. When it comes to the nuts and bolts, the company led by Andy Jassy is doing just fine. Amazon said on Tuesday that increased 13% year-over-year to $143 billion. Retail sales at its North America division rose 12% to $86 billion and even the international e-commerce division notched positive operating income. And at AWS, the group responsible for the cloud business, growth has reaccelerated: For the three months ending March, revenue rose 17%, better than what analysts' were penciling in, according to LSEG, and faster growth than in the prev [Read more]

IMPACT SNAPSHOT
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MSFT
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Price Change %
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%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
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Stock performance from the time of news release until the following 4pm ET market close
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Multi-day stock performance from the time of the news release
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POST NEWS RANGE
%
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PRICE CHANGE PERCENTAGE


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%

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TICKS

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EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
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