Browsing Tag
Amazon Web Services
208 posts
Reddit (RDDT) crashes 29% despite 53% growth: Can its $18bn valuation survive falling Google traffic?
Reddit shares plunged 29.22% after management warned that declining search referrals could cause a double-digit reduction in daily users during the fourth quarter. Despite 53% revenue growth, $363 million in quarterly free cash flow and an equity valuation now below $18 billion, investors face a difficult question about whether stronger monetisation can offset a potentially structural loss of search-driven traffic.
SEG Solar plans $950m Texas HJT cell factory, but can it close the US solar supply gap?
SEG Solar has secured land for a proposed 4 GW heterojunction solar cell factory in Texas, targeting 2028 and 2029 production starts. The investment could strengthen domestic solar supply chains, although financing, federal incentives and the gap between cell and module capacity remain decisive commercial considerations.
Kipu Health launches agentic AI after preparing 23,000 continued-stay reviews
Kipu Health is expanding artificial intelligence from clinical documentation into insurance utilization reviews, with a 2 trillion-word clinical data foundation and early evidence of operational adoption. The next test is whether automation improves reimbursement outcomes without compromising clinical oversight.
Verizon (NYSE: VZ) adds 406,000 phone lines. Why is the stock falling?
Verizon delivered its strongest third-quarter wireless subscriber growth in five years, raised earnings guidance and announced a US$2 billion-plus Amazon Web Services agreement. Yet its shares declined as investors weighed weaker equipment revenue, the timing of AI infrastructure income and the emerging competitive challenge from SpaceX.
Tech Mahindra Q2 FY27 results: Profit jumps 33% as $1bn deal wins support turnaround
Tech Mahindra reported ₹16,180 crore in quarterly revenue, a 14.8% operating margin and its fourth consecutive quarter of more than $1 billion in new deal wins. But declining free cash flow and uneven growth across business segments show that its turnaround still faces an important test as management pursues a 15% margin objective.
Amazon reportedly explores $7bn Decart acquisition as world-model race accelerates
Amazon is reportedly discussing an acquisition of Decart at around $7bn, potentially bringing a major AWS Trainium customer and specialist in real-time world models directly inside the group.
Hexaware Technologies targets AI services growth through Claude Partner Network
Hexaware has secured Preferred Partner status within Anthropic's Claude Partner Network and will integrate Claude into its Zerovity and AgentVerse platforms. The agreement strengthens its enterprise AI strategy and follows a sharp increase in investor attention, although commercial terms remain undisclosed and the company's latest quarterly profit declined despite revenue growth.
Embark and Tavant combine AI engineering with GCC setup as India’s sector reaches $98.4bn
Embark and Tavant have formed a strategic partnership combining global capability centre establishment, workplace infrastructure and talent management with AI and digital engineering. The agreement targets new and existing GCCs in India's $98.4 billion sector, but its commercial value will depend on client acquisition, successful AI deployment and measurable operating improvements.
Marvell targets up to $90bn revenue by 2031 as custom AI silicon outlook explodes
Marvell Technology has lifted its fiscal 2028 revenue outlook to about $20 billion and introduced a fiscal 2031 target of $70 billion to $90 billion as custom artificial intelligence chips and interconnect products move to the centre of its growth strategy.
Amazon’s $1bn community fund exposes the new bottleneck in America’s AI data-centre boom
Amazon Web Services is committing more than $1 billion to communities hosting its U.S. data centres as public resistance to AI infrastructure intensifies. The programme suggests that after chips, electricity and financing, community consent is becoming another scarce input in America’s data-centre race.