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Amazon Reports Strong Cloud Unit Sales on Rising AI Demand

Amazon Reports Strong Cloud Unit Sales on Rising AI Demand

FromBloomberg Talks


Amazon Reports Strong Cloud Unit Sales on Rising AI Demand

FromBloomberg Talks

ratings:
Length:
17 minutes
Released:
Apr 30, 2024
Format:
Podcast episode

Description

Amazon's cloud unit posted the strongest sales growth in a year, a sign that the retailer’s most profitable unit is recovering from a slump as businesses resume spending on technology projects. The shares rose in extended trading.
Bloomberg TV and Radio hosts Carol Massar and Tim Stenovec speak with Bloomberg Intelligence Senior Analyst for E-Commerce Poonam Goyal and Bloomberg Intelligence Senior Technology Analyst Anurag Rana for instant reaction and analysis. See omnystudio.com/listener for privacy information.
Released:
Apr 30, 2024
Format:
Podcast episode

Titles in the series (100)

Bloomberg Talks curates top interviews from around Bloomberg News. Hear conversations with the biggest names in finance, politics and entertainment. On Bloomberg Talks, we round up interviews with Fortune 500 CEOs, government officials, well-known investors and business leaders.