Amazon and Microsoft saw some great surge in the year 2024, backed by the epic bull run at the US stock market, especially in the filed of technology. But, who will get the edge in 2025? Here' what we
Amazon CEO Andy Jassy, left, speaking with Seattle Mayor Bruce Harrell at an event in Seattle last year to announce new funding for affordable housing
"You can get started today," says human behavior professor and career coach Melody Wilding, author of "Managing Up."
Microsoft will contribute $1 billion to President Donald Trump's inauguration fund. The company joins other tech giants that have contributed to the same fund, including Google and Meta. Amazon is also reportedly considering a donation.
Both Amazon (NASDAQ: AMZN) and Microsoft (NASDAQ: MSFT) saw strong growth in their cloud-computing business units in 2024. While Microsoft's Azure saw the higher revenue growth, it was Amazon's stock that outperformed in 2024.
More than half of the $80 billion budget is expected to be deployed in the United States. The facilities will help train AI models and distribute cloud-based applications across the globe, according to Microsoft vice chair Brad Smith.
Microsoft is one of the biggest spenders, followed closely by Google and AWS, Bloomberg Intelligence said. Its estimate of Microsoft’s capital spending on AI, at $62.4 billion for calendar 2025, is lower than Smith’s claim that the company will invest $80 billion in the fiscal year to June 30, 2025.
That said, 20% earnings growth is still impressive and is reason enough to own the stock, as long as it can be purchased at a fair price. Amazon currently trades at 36 times 2025 earnings, which is a bit pricey.
Tech’s biggest companies are turning to nuclear power for their efficiency and sustainability goals and to meet massive energy demands.
BlackRock is the world's largest asset manager, with $11.5 trillion in client money under its supervision. Around $3.3 trillion of that is sitting in exchange-traded funds (ETFs) that are operated by the company's iShares subsidiary.
Microsoft announced a sweeping series of artificial intelligence partnerships across India's core sectors on Wednesday, a day after pledging to invest $3 billion in the country over the next two years as it intensifies competition with rivals Google and Amazon.
Amazon and Microsoft, of course, are more than just their cloud businesses. Amazon is still the world's largest e-commerce and logistics company. It also owns the Prime Video streaming service.