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Britain said it would investigate competition in cloud services, a market dominated by the "hyperscalers" Amazon, Microsoft and Alphabet's Google, which together account for around 81% of revenue.

Britain's communications regulator said it would investigate the position of cloud "hyperscalers" Amazon, Microsoft and Google, which together account for around 81% of revenue in the market, to assess the strength of competition.

The U.S. Federal Trade Commission on Wednesday rejected a bid by Amazon.com Inc to quash demands that both Chief Executive Andy Jassy and Executive Chairman Jeff Bezos testify at investigative hearings.

The U.S. Federal Trade Commission on Wednesday rejected a bid by Amazon.com Inc to quash demands that both Chief Executive Andy Jassy and Executive Chairman Jeff Bezos testify at an investigative hearing.

What happened On Wednesday, it was a case of dueling analysts on the prospects for Shopify (NYSE: SHOP) and, judging by the investor reaction, the bearish take out of the two won. As a result, the e-commerce services provider's shares dipped by 1.3% on the day, coming very close

What happened A broad cross-section of stocks slumped on Wednesday, as the market focused on macroeconomic conditions and the Federal Reserve Bank's response to rising inflation. Unfortunately, the latest rate hike came with a bit of collateral damage.

(RTTNews) - The U.S. Federal Trade Commission has requested Amazon.com Inc. (AMZN) and iRobot Corp (IRBT) for more information on the tech giant's $1.7-billion buyout of the Roomba vacuum maker.

Walmart Inc sounded a cautious note about holiday retail sales on Wednesday, planning to hire fewer workers than last year as it prepares for the critical season in the middle of a slowing economy.

Amazon Web Services Mexico (AWS), a unit of Amazon.com Inc, will open a local hub in the first quarter to boost bandwidth for its clients, the cloud computing unit's director for Mexico Luis Velasco said on Wednesday.

Microsoft MSFT announced that the company has begun rolling out the Windows 11 2022 update, the first major update to its latest operating system since it was launched in October 2021. Dubbed Windows 11 version 22H2, the update brings several new features and improvements

Oracle (NYSE: ORCL) reported solid results in its first fiscal quarter. On a constant currency basis (without foreign currency effects), its cloud infrastructure revenue increased 58% year over year, and cloud application revenue jumped 48%.

Walmart Inc sounded a cautious note about holiday retail sales on Wednesday, planning to hire fewer workers than last year as it prepares for the critical season in the midst of a slowing economy.

Investing in the stock market isn't always easy, but it can be especially challenging during periods of volatility. When the market is turbulent, choosing the right investments is critical. The right strategy can set you up for significant returns when the market inevitably recov

Amazon.com Inc said on Wednesday it would add 2.7 gigawatts of clean energy capacity through several new projects as it seeks to use 100% renewable energy across its business by 2025.

(RTTNews) - Amazon (AMZN) announced Wednesday that it is expanding renewable energy portfolio with an additional 2.7 gigawatts or GW of clean energy capacity across 71 new renewable energy projects.

The Invesco S&P 500 Top 50 ETF (XLG) was launched on 05/04/2005, and is a passively managed exchange traded fund designed to offer broad exposure to the Large Cap Blend segment of the US equity market.

Looking for broad exposure to the Consumer Discretionary - Broad segment of the equity market? You should consider the iShares U.S. Consumer Discretionary ETF (IYC), a passively managed exchange traded fund launched on 06/12/2000.

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With stocks looking like they're taking another dive down this year, it might be a good time to consider one of the few remaining areas that's still growing -- the cloud. Cloud revenue, that is, not cloud stocks. Cloud stocks are down across the board. For instance, the Global X

Expectations of more Federal Reserve tightening and economic worries are weighing on a rebound in consumer discretionary stocks, though some investors believe the sector will outperform other areas of the market if growth begins to wobble in coming months.