Microsoft (MSFT) and Amazon (AMZN) were downgraded to neutral by Rothschild due to high AI spend and profit uncertainty. Amazon Web Services posted 20% growth in the third quarter, with AI providing a ...
In little more than five months, Amazon and Microsoft have announced they are collectively cutting more than 29,000 roles. Microsoft has let go more than 15,000 workers since May, and Amazon announced ...
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