Amazon lands Wells Fargo upgrade with Project Rainier expected to lead to AWS revenue acceleration

Wells Fargo boosted its rating on Amazon (NASDAQ:AMZN) to Overweight from Equal Weight on Wednesday. The firm said it has ...
Computer Weekly

AWS sees full-year profit and revenue growth as AI and public cloud demand soars

Amazon Web Services (AWS) has reported a 19% year-on-year (YoY) increase in revenue for the second successive quarter in its latest financial results, covering the three months to 31 December 2024.