Saturday, 8 February, 2025
Amazon Faces Cloud Slowdown as Shares Decline Amid Market Weakness
Amazon’s cloud business is experiencing a slowdown, aligning with similar challenges faced by Google and Microsoft. Investors reacted to weaker-than-expected cloud growth, leading to a decline in Amazon’s stock. Despite its strong market position, the company faces increasing competition and macroeconomic uncertainties impacting enterprise spending. The shift underscores the broader challenges in the cloud sector as businesses reassess their technology investments.
Read full story at Economic Times