Tag Archives: cloud

Analysts are watching margins, cloud

Analysts are watching margins, cloud

Amazon (AMZN) is set to report its Q4 2022 earnings on Feb. 2, as the company looks to deliver after a difficult year that rattled its stock. Here’s what Wall Street’s expecting to see from Amazon’s key numbers, as compiled by Bloomberg. Net Sales – $145.8 billion expected Online Stores Net Sales: $65.03 billion Physical Stores Net Sales: $4.93 billion Earnings Per Share (EPS): 17 cents expected Amazon Web Services (AWS) Net Sales: $21.76 billion expected Operating Income: $2.51 billion… Source link

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Yahoo Selects AWS Public Cloud for Ad Division

Yahoo Selects AWS Public Cloud for Ad Division

Yahoo is working with AWS as a preferred public cloud provider for its advertising technology business Yahoo Ad Tech. All Yahoo advertising technology workloads — including its media-buying and supply-side platforms, analytics, and identity solutions and products — are being switched from Yahoo on-premises data centers to AWS as part of an ongoing digital transformation strategy,  according to AWS last month. The goal is to reduce IT infrastructure costs, transform advertising… Source link

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3D Cloud by Marxent Joins Google Cloud Marketplace as One of the First 3D Platform Offerings

3D Cloud by Marxent Joins Google Cloud Marketplace as One of the First 3D Platform Offerings

Fast, easy, and secure: Enterprise retailers subscribing to Google Cloud can procure and deploy 3D customer experiences through the new collaboration. ST. PETERSBURG, Fla., Jan. 26, 2023 /PRNewswire/ — Today 3D Cloud by Marxent announced that the 3D Cloud platform and applications are available exclusively on the Google Cloud Marketplace. One of the first 3D platforms to be made available through the Google Cloud Marketplace, 3D Cloud is ideal for enterprise retailers looking to rapidly… Source link

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Microsoft earnings beat expectations, cloud growth continues to slow

Microsoft earnings beat expectations, cloud growth continues to slow

Microsoft (MSFT) announced its Q2 earnings after the bell on Tuesday, barely missing analysts’ expectations on revenue and beating on earnings per share. Here are the most important numbers from the report compared to what analysts were expecting from the quarter, as compiled by Bloomberg. Revenue: $52.7 billion vs. $52.9 billion expected Adjusted EPS: $2.32 vs. $2.30 expected Productivity and Business processes: $17 billion vs. $16.8 billion expected Intelligent Cloud: $21.5 billion vs. $21.4… Source link

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Microsoft to cut 10,000 jobs, as PC sales, cloud growth decline

Microsoft to cut 10,000 jobs, as PC sales, cloud growth decline

Microsoft (MSFT) announced on Wednesday that it is laying off 10,000 workers as part of an effort to cut costs at the tech behemoth. The layoffs impact roughly 4.5% of Microsoft’s 221,000 total employees. The cuts are expected to be completed by Microsoft’s fiscal Q3, which ends March 31. Microsoft says the layoffs will result in a $1.2 billion charge, representing -$0.12 per share. The Redmond-based company previously announced layoffs in October, shedding as many as 1,000 jobs, according… Source link

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