The two stocks have underperformed the market recently, but one is investing heavily to regain ground.
Two health systems are working with Amazon Web Services to uncover rare diseases with the help of AI. After receiving $1 million from AWS for research, Washington, D.C.-based Children’s National ...
For the first time, it generated more annual revenue than Walmart, the retailer that has dominated the top spot for more than a decade. The milest ...
Reported issues at Amazon Web Services raise questions about firm’s use of artificial intelligence as it cuts staff ...
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With $717 billion in sales, Amazon overtakes Walmart as world’s largest company by revenue
Amazon has broken Walmart’s sales record, ending the latter’s 13-year run at the top of the global retail revenue charts. The online retail giant recorded approximately $717 billion in sales in 2025, ...
Amazon’s cloud computing division, Amazon Web Services (AWS), has experienced at least two service outages caused by errors related to its own ...
Amazon's cloud unit AWS had suffered an outage impacting a cost-management feature in December, a spokesperson told Reuters ...
Amazon.com Inc. has officially dethroned Walmart Inc. as the biggest global company by revenue, a milestone attesting to the ...
Recent Developments: Reports indicate a potential new round aiming for up to $2 billion, which could push their valuation to around $60 billion.
In a slow-motion race of two retail behemoths, Amazon's trump card was its lucrative cloud-computing business.
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