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Investment Thesis:

As we all know, Amazon (NASDAQ:AMZN) is the biggest e-commerce company in the United States and the leading cloud computing player in the world. The company has seen a drop in its market valuation since it had its eyes set at $2 trillion. The drop has been significant, and the company is now trading at a market valuation…….

Why has Wall Street kept its consensus “overweight” rating on Amazon despite the company’s lackluster results over the past few quarters? To explain, we only need three letters: AWS.

Amazon Web Services is the only one of Amazon’s segments that actually surpassed analysts’ projections this past quarter. The cloud arm generated $18.44 billion in revenue du…….

Masdar City, Abu Dhabi’s pioneering sustainable community and innovation hub, is collaborating with Amazon Web Services (AWS) to empower start-ups to build scalable and secure cloud-based services that accelerate their growth.

Announced at Abu Dhabi Sustainability Week 2023, the collaboration off…….

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The vice prime minister of Ukraine has praised the role of Amazon Web Services (AWS) in helping keep the country’s vital systems online and operational following the Russian invasion.

Speaking at the recent AWS re:Invent 2022 event in Las Vegas, Mykhailo Fedorov, who also acts as the Ukrainian minister for digital transformation, said that without the company’s support, the nation’s dig…….

U.S. Navy awards Amazon Web Services contract worth over $700 mln https://t.co/mA05ZdeKDu pic.twitter.com/txdwg1hHBl— Reuters (@Reuters) December 20, 2022

(SocialLY brings you all the latest breaking news, viral trends and information from social media world, including Twitter, Instagram and Youtube. The above post is embeded directly from th…….

The United States Navy awarded Amazon.com Inc’s AMZN cloud computing division a five-year enterprise software license contract worth $723.9 million. The deal will provide the Navy access to Amazon Web Services (AWS) commercial cloud environment, Professional Services, and its training and certification courses. The Pentagon said work will be performed for five years, from December 2022 throug…….

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By Kevin Hitt

Pro sports leagues such as the NBA and NFL have charitable foundations that help those in need, and esports does, too. The U.S armed forces, along with the United Kingdom’s military esports teams, will team up with popular streamers to compete in Activision Blizzard’s game Call of Duty: Warzone to help raise the profile of veterans looking for work after they serve. Th…….

Crypto exchange Gemini services are down, causing speculation that it is the latest victim of the FTX crisis. 

However, the exchange has maintained on its status page that wire transfers are affected, but funds are secure. 

“Gemini is investigating reports of potential service disruptions. All customer accounts and funds remain completely secure,” Gemini said

Further i…….