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Amazon.com Inc.’s AMZN cloud unit plans to recruit employees next year and keep building new data centers, per a Bloomberg article. The news has come at a time when Amazon is reportedly cutting as many as 10,000 jobs from other departments. It also indicates that the comp

Wall Street slipped on Thursday as a contraction in manufacturing activity last month clouded data showing a mild easing in inflation and solid consumer spending, while a fall in Salesforce shares dragged the Dow lower.

Amazon AMZN continues to ride on strengthening Amazon Web Services ("AWS") offerings, which are constantly driving the company's cloud customer momentum.The latest selection of AWS by Stability AI as the preferred cloud provider is a testament to the aforesaid fact. This

Wall Street gave up gains made earlier on Thursday as a contraction in manufacturing activity last month clouded data showing a mild easing in inflation and solid consumer spending, while a fall in Salesforce shares dragged the Dow lower.

Shares of Salesforce Inc fell about 10% on Thursday after co-CEO Bret Taylor's sudden exit caught Wall Street off guard and raised concerns about the merit in having two leaders.

Wall Street was set to extend gains on Thursday after data showed a mild easing in inflation and solid consumer spending in October, adding to hopes of a likely downshift in the Federal Reserve's policy on aggressive rate hikes.

This year's bear market has created great opportunities for long-term investors. A number of high-quality growth stocks are suddenly available for discount prices. Consider adding these industry leaders to your portfolio to unlock gains.

Shares of Salesforce Inc sank more than 7% before the bell on Thursday after co-CEO Bret Taylor's sudden exit caught Wall Street off guard and raised concerns about the merit in having two leaders.

Of the three major U.S. stock indexes, the Nasdaq (NASDAQINDEX: ^IXIC) has had by far the worst performance thus far in 2022. All of them have rebounded notably from their 52-week lows, but the tech-heavy index is still down 27% year to date, while the Dow Jones Industrial Averag

Unified Communication as a Service (UCaaS) is gaining ground as a prominent network standard, driven by the growth of the cloud business model as an affordable, scalable and easy-to-deploy unified collaboration communications strategy for large enterprises in 2023.This hi

U.S. stock index futures were little changed on Thursday after a strong Wall Street rally in the previous session on hopes of a potential downshift in the Fed's policy on aggressive rate hikes, while Salesforce fell on news of its co-CEO to step down.

The stock market has been tough to stomach this year, as it's experienced a roller coaster of ups and downs. Currently, the S&P 500 is down roughly 17% from its peak in early January, and it's been in and out of bear market territory over the last several months.It's unclear

If all the market's bearish rhetoric doesn't have you rattled, good for you! Stocks could well have further to fall, but waiting for what looks like the ultimate low is a fool's errand. Trying to time the market often costs more than it benefits you -- we only know where a bear m

Launched on 09/16/2011, the FlexShares Morningstar U.S. Market Factor Tilt ETF (TILT) is a smart beta exchange traded fund offering broad exposure to the Style Box - All Cap Blend category of the market.

The SPDR Portfolio S&P 500 ETF (SPLG) was launched on 11/08/2005, and is a passively managed exchange traded fund designed to offer broad exposure to the Large Cap Blend segment of the US equity market.

Tesla is set to unveil on Thursday its long-delayed Semi, a 18-wheeler heavy duty vehicle that has faced skepticism from industry experts who doubt battery electric trucks can take the strain of hauling hefty loads for hundreds of miles.

The U.S. Chamber of Commerce and 12 other groups on Thursday warned the European Union against adopting rules that could exclude Amazon, Alphabet unit Google, Microsoft and other non-EU cloud services providers from the European market.

The U.S. Chamber of Commerce and 12 other groups on Thursday warned the European Union against adopting rules that could exclude Amazon, Alphabet unit Google, Microsoft and other non-EU cloud services providers from the European market.

Wall Street ended sharply higher on Wednesday after Federal Reserve Chair Jerome Powell said the central bank might scale back the pace of its interest rate hikes as soon as December.

What happened Uncertainty regarding the length and duration of the downturn have hung over the market like an anvil this year, with many investors afraid to buy the dip for fear of suffering further declines. Add to that the Federal Reserve Bank's relentless campaign of rising in