Amazon is accelerating growth in its AWS cloud services, advertising, and custom silicon businesses, shifting its revenue mix toward higher-margin segments. AWS grew 36.7% year-over-year and now accounts for 60.5% of Amazon's operating income, with a backlog reaching $496 billion, constrained mainly by capacity. Despite negative free cash flow due to a $220 billion capital expenditure cycle, Amazon trades at a relatively low valuation compared to peers, with a P/E of 20.8 and EV/EBITDA of 17.27. The company is seen as a strong buy due to its unique investment strategy based on a contractually disclosed backlog rather than forecasts, though risks remain from capital expenditures and depreciation.
Qualcomm announced a partnership with Amazon Web Services to develop multiple generations of customized silicon for AWS' AI infrastructure. This move marks Qualcomm's push into the data center market, traditionally dominated by Nvidia, especially ami...
Oracle is aggressively undercutting AWS on cloud infrastructure pricing and securing large AI-related contracts, with its cloud revenue up 93% year-over-year and a massive backlog of $638 billion. Meanwhile, AWS posted strong growth with $42.23 billi...
An Amazon cargo plane operated by 21 Air overran the runway at Miami International Airport on Sept. 6, 2026, crashing into vehicles and killing at least five people while injuring five others. The Boeing 767-300, arriving from San Juan, Puerto Rico, ...
The satellite industry is shifting focus from rockets to controlling radio spectrum for direct-to-handset connectivity. The FCC's new Supplemental Coverage from Space authorization enables satellites to beam service directly to ordinary smartphones. ...
OpenAI has hired Jessica Schumer, daughter of Senate Minority Leader Chuck Schumer, to manage government relations and partnerships in Northeastern states. Jessica Schumer brings extensive experience from Amazon and the Obama administration, strength...
