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Amazon execs say layoffs are part of turning the company into the 'world's largest startup,' leaked memos show
Business Insider· 2026-01-28 18:28
Internal memos from Amazon executives explained the company's decision to lay off 16,000 corporate workers as necessary to become the "world's largest startup," according to the messages viewed by Business Insider. "Our ambition is to be the world's largest startup," Amazon executives wrote in two such memos viewed by Business Insider. "That means doubling down on a culture of ownership, speed, and experimentation — which requires us to continue evolving how we're structured."The "world's largest startup" ...
Internal messages reveal which teams, jobs affected in Amazon layoffs
Business Insider· 2026-01-28 14:56
Core Viewpoint - Amazon is implementing a second round of layoffs, cutting 16,000 corporate roles, affecting employees in the US, UK, and India [1][3] Group 1: Layoff Details - The layoffs include teams from Amazon Web Services, such as the AI cloud service Bedrock and the cloud data warehouse service Redshift, as well as retail business teams like the Prime subscription service [2] - Affected employees primarily hold software engineering roles and have been seeking job leads through internal channels [2] Group 2: Employee Support and Company Size - Amazon is providing most US-based employees with 90 days to find new internal roles, with support including severance and health insurance benefits for those who do not find new positions [3] - This round of layoffs follows a previous cut of 14,000 roles in October, with Amazon employing over 1.5 million people globally, of which approximately 350,000 are in corporate roles [3]
Snowflake (NYSE: SNOW) Price Prediction and Forecast 2026–2030 (February 2026)
247Wallst· 2026-01-23 12:00
Core Viewpoint - Snowflake Inc. has shown resilience in its stock performance despite recent declines, with significant growth potential driven by the expanding cloud computing market and strong financial fundamentals [1][5]. Company Performance - Snowflake's stock has decreased by 6.93% over the past month, following declines of 6.26% and 5.34% in the previous two months, but has increased nearly 62% since its one-year low on April 4 [1]. - The company reported FY 2025 Q3 earnings on November 20, 2025, with an EPS of 20 cents, surpassing expectations of 15 cents, and revenue of $942.1 million, exceeding the forecast of $898.5 million [1]. - The stock has dropped more than 46% since its all-time high in November 2021, but the market cap currently stands at $71.10 billion [3][5]. Industry Overview - The global cloud computing market is projected to grow at a CAGR of 21.2% from 2024 to 2030, with the U.S. market expected to grow at a CAGR of 20.3% during the same period [2][9]. - Snowflake is positioned to capitalize on the $602.31 billion industry, facing competition from major players like Google and Amazon but leveraging its unique offerings [2][9]. Financial Metrics - Snowflake's revenue has shown significant growth, with projections indicating a rise from $2.81 billion in 2024 to $10.512 billion by 2030 [11]. - The company has a negative P/E ratio of -50.8, but its total assets of $8.22 billion exceed total liabilities of $3.03 billion, indicating strong underlying fundamentals [6]. Key Drivers of Growth - Collaboration with NVIDIA to implement AI Enterprise software enhances Snowflake's capabilities in building customized AI data applications, tapping into dual demand for cloud storage and AI solutions [7]. - The company boasts a revenue retention rate of 127%, indicating strong customer loyalty across a diverse client base, including major corporations and public entities [8]. - The rise of hybrid and multi-cloud solutions, along with increased cloud adoption, positions Snowflake favorably in a growing market [9]. Price Predictions - Analysts have a consensus "Strong Buy" rating for Snowflake, with a median one-year price target of $284.35, representing a 34.68% upside potential from current levels [10]. - By 2030, the stock is projected to reach $472.65, suggesting a potential upside of 108.36% based on anticipated revenue growth and earnings per share [11][12].
CineBench 2026来了:免费+全平台适配
Xin Lang Cai Jing· 2026-01-01 23:53
还在沉迷于鲁大师的百万跑分?其实注重CPU性能的玩家可以关注一下CineBench这个软件,同样免费 而且口碑不错。这不,Maxon 正式发布了CineBench 2026,带来了渲染引擎升级、测试压力倍增、硬件 支持扩容等一系列更新。 当然,CineBench2026的分数与此前的版本(包括2024,R23等等)完全不具备可比性。Maxon解释,这 是由于渲染引擎、测试算法的全面优化,使得新版软件对现代硬件的评估维度更精准,用户在对比性能 时需聚焦同版本测试结果,避免跨版本误判。 在处理器支持方面,新版软件全面兼容Intel、AMD、NVIDIA、苹果、高通的最新处理器,而在显卡方 面,CineBench 2026还纳入了 NVIDIA Hopper/Blackwell 数据中心 GPU、AMD Radeon Pro 专业显卡, 但仍未加入对 Intel 显卡的支持。 聊到这里,大家更关注的问题可能是,谁更需要 CineBench 2026呢? CineBench依托 Cinema4D的默认渲染引擎Redshift,通过模拟专业3D渲染任务,精准衡量硬件的实际运 算能力,而非单纯的理论性能。此次CineBe ...
Snowflake Stock To $120?
Forbes· 2025-11-06 14:50
Core Viewpoint - Snowflake's stock has surged 130% over the past year, significantly outperforming the S&P 500's 20% increase, driven by its positioning at the intersection of cloud data and artificial intelligence [1][2] Company Overview - Snowflake is marketing its AI Data Cloud as a pivotal advancement in enterprise computing and has launched new AI-focused products, such as Cortex for financial services, to attract regulated sectors [2] - The company has formed strategic alliances, including a partnership with Palantir, enhancing its potential as a data backbone for the AI era [2] Financial Performance - Snowflake's revenue is approximately $4 billion, but it faces significant operating losses exceeding $1.5 billion, indicating challenges in achieving profitable growth [5][11] - The company is currently valued at over 20 times sales, with a negative P/E ratio, raising concerns about its high valuation amidst ongoing losses [2][9] Market Context - Historical performance shows that Snowflake's stock is highly volatile; it fell 72% in 2022 during a market downturn, highlighting its behavior as a high-beta momentum asset rather than a stable cloud stock [6][10] - The competitive landscape is intensifying, with major tech companies like Amazon, Google, and Microsoft posing significant challenges to Snowflake's market position [9] Risk Factors - Key risks include competition from big tech, a potential valuation bubble, ongoing profitability challenges, security concerns following a data breach, and market sentiment risks that could lead to significant stock price declines [9][10]
AWS Outage: What To Know As Amazon Says Cloud Service Is Back To Normal
Forbes· 2025-10-21 13:15
Core Insights - Amazon Web Services (AWS) experienced significant connectivity issues affecting thousands of applications and websites, with over 1,200 reports of outages noted by Downdetector on Tuesday morning [1][2][3] - The connectivity problems peaked just before midnight on October 19, leading to 11.3 million user reports of issues, primarily from the United States and the United Kingdom [3][5] - AWS attributed the outage to an error in its EC2 internal network, which is responsible for traffic distribution across servers, impacting various sectors including airlines, restaurants, financial services, and healthcare [6] Connectivity Issues - The connectivity issues began late Sunday night and persisted into Monday afternoon, with reports gradually decreasing by Monday evening [3][4] - By 4:30 a.m. on Tuesday, the number of connectivity issues reached its lowest point before rising again later that morning [4] Impact on Companies - A total of 2,500 individual companies were reported to be affected by the outages, highlighting the widespread impact of the AWS service disruption [5] - Major platforms such as Snapchat, Canva, Venmo, Coinbase, and gaming services like Roblox and Fortnite were among those impacted [2][6] Recovery Status - AWS announced that all services had returned to normal operations by 3 p.m. on Monday, although some services continued to experience backlogs [6]