Market News Today — AI-Curated Stock & Crypto Headlines

Amazon's cloud unit, Amazon Web Services (AWS), has reported strong revenue and profit growth, driven by increased investment in artificial intelligence (AI) by the parent company.

A Stifel analyst has expressed concerns about Microsoft's Azure growth prospects following Alphabet's impressive cloud earnings, potentially impacting Microsoft's stock.

Amazon's upcoming earnings report is expected to draw attention to cloud growth, AI spending, and job cuts, providing key insights into the company's performance and future prospects.

Alphabet's stock is falling despite strong cloud growth due to a large capital-expenditure forecast, indicating potential future expenses.

Amazon's push to make AI cheaper through AWS' custom chip strategy is expected to aid cloud reacceleration, a key factor in reigniting the stock's performance.

Amazon's upcoming earnings report will be closely watched for cloud-computing momentum, with a potentially high bar set for growth at 21%.

India is offering 20-year tax breaks to attract Big Tech companies, particularly those in the cloud services sector, as part of its efforts to boost its AI ambitions.

Microsoft's stock plummeted 10% in a single day due to disappointing growth in its cloud computing business, marking its largest decline since 2020.

Microsoft's stock has experienced a significant decline in market capitalization, potentially labeling it as 'dead money' due to the company's focus on internal AI development over immediate cloud revenue.

Microsoft has announced it will continue to purchase AI chips from Nvidia and AMD despite launching its own chip, citing the need for more capacity.

Upwind, a cloud security company, has raised $250 million in a Series B funding round, valuing the company at $1.5 billion.

SAP shares experienced their largest daily drop since 2020 due to disappointing fourth-quarter cloud contract growth, affecting investor confidence.