In its earnings remarks, Impinj executives pointed to a convergence of short-term headwinds weighing on demand. ...

Amazon's cloud unit posted its fastest growth in more than three years, but the company's plan to spend $200 billion on infrastructure in 2026 sent shares tumbling 10% after hours. ...

Amazon posted record quarterly revenue and strong cloud growth in Q4 —Â but its stock fell after the company revealed its capital expenditure plans for 2026. ...

Amazon named a new executive leader for its Selling Partner Services business, one of the most consequential parts of the company, and said the division's current chief will become CEO Andy Jassy's ne... ...

Amazon reports Q4 earnings Thursday, capping a tech earnings season dominated by a single question: whether the industry's AI spending binge will ultimately be worth it. ...

Amazon is betting that an AI assistant best known for turning on lights and answering trivia questions can become a sought-after benefit of its Prime membership, in the same league as free shipping an... ...

Amazon's Just Walk Out technology will keep working at third-party locations after the company discontinues Amazon One palm scanning in June, the company confirmed Monday. ...

Amazon is laying off 2,198 employees across Washington as part of the company's latest corporate workforce reduction, according to a new filing released Monday by the state Employment Security Department. A detailed list included with the Washington state filing shows that software development roles account for the largest share of the layoffs, with engineering management, program management, and technical product roles also hit hard. In total, more than half of the cuts impact Amazon's core product and eng ...

T-Mobile is laying off 393 employees spanning more than 200 different job titles, from analysts, engineers and technicians to directors and managers. ...

Core Viewpoint - Microsoft experienced its largest single-day dollar loss in history, with a decline of $357 billion in market value despite reporting strong earnings for Q2 of fiscal 2026, raising questions about investor confidence and future growth prospects [1]. Financial Performance - Revenue for the quarter increased by 17% to $81.3 billion, with adjusted earnings reaching $4.14 per share, surpassing the consensus estimate of $3.91 [1]. - Operating margin stood at 47.1%, and Microsoft Cloud revenue exceeded $50 billion for the first time [1]. Market Reaction - Microsoft shares fell by as much as 12% during intraday trading, closing down 10% at $433.50, marking the seventh-largest percentage decline since the company went public in 1986 [1]. - The stock's performance post-earnings report was notably stagnant, indicating persistent investor concerns [1]. Growth Concerns - Azure cloud platform growth was reported at 38% in constant currency, but fell short of Wall Street's whisper number of 39.4%, contributing to market unease [1]. - Capital expenditures surged to $37.5 billion, a 66% increase year-over-year, highlighting the competitive pressures in the AI and cloud sectors [1]. AI Business Insights - Microsoft 365 Copilot, the AI assistant integrated into Office apps, has 15 million paid users, which is only about 3% of the 450 million paid seats in Microsoft 365 [1]. - Concerns were raised regarding 45% of Microsoft's $625 billion in remaining performance obligations being tied to OpenAI, with $281 billion of that backlog committed to a single customer [1]. Analyst Perspectives - Analysts expressed skepticism about Microsoft's ability to prove the value of its investments in AI, despite a 16% increase in Microsoft 365 commercial revenue [1]. - Some analysts maintained a positive outlook, with Morningstar keeping a $600 fair value estimate and noting that demand for AI and cloud services continues to outpace supply [1]. - Other analysts, like Wedbush, acknowledged the friction between long-term investments and short-term investor expectations, suggesting that 2026 could be a pivotal year for Microsoft [1].