We have crunched the numbers and here is our best estimates about Amazon’s share price through the rest of the decade.

Experts say the incident revealed what can happen when a such a broad spectrum of companies rely on singular cloud provider.

User complaints surged on tracking site DownDetector just after noon Eastern time, with most reports concentrated in the company’s US-EAST-1 region.

Amazon posted higher fiscal third quarter profit and sales compared with a year ago, fueled by accelerating growth in its cloud computing business and strong spending by its customers looking for low prices at a time when inflation is resurging.

Dow Jones e-commerce giant Amazon and Tesla stock are in or near buy zones amid Tuesday's stock market sell-off.

When Amazon Web Services suffered an outage on Monday morning, it practically took down the internet with it. There went all of Amazon’s services, from its shopping hub to its Ring doorbell cameras. ChatGPT went quiet. “Smart” mattresses became unsleepable. Video games like Fortnite blinked out, as did platforms like Snapchat and banking apps.

Cipher Mining signed a $5.5 billion, 15-year lease with AWS to provide AI infrastructure, bringing total hosting contracts to $8.5 billion.

Microsoft Azure's outages started to spike after 10:44 a.m. Wednesday while Amazon Web Services outages increased soon after, per Downdetector. There were many more Microsoft Azure outages reported, with 19,834 at 11:05 a.m., compared to 5,507 AWS reports at 11:36 a.m.

On Wednesday Amazon announced the completion of its data-center initiative Project Rainier, which will primarily be used to service Anthropic's compute needs. The company expects Anthropic's Claude to be using over one million of Amazon's custom Trainium2 chips by year-end.

Amazon Web Services (AMZN) plans to build a trans-Atlantic subsea fiber optic cable system to help address the rising demand for cloud computing and artificial intelligence.