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
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
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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.
Microsoft announced a sweeping series of artificial intelligence partnerships across India's core sectors on Wednesday, a day after pledging to invest $3 Microsoft has forged AI alliances across core sectors in India as it kickstarts its $3 billion investment in the country.
Microsoft, Meta, Amazon, OpenAI CEO Sam Altman, and Apple CEO Tim Cook are among the tech titans who donated a million dollars to President-elect Donald Trump’s inauguration.
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.
The Magnificent Seven group of leading tech companies dominated in 2024... will they continue to shine in 2025?
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.
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.