Amazon Web Services chief Matt Garman addressed the recent AI-fueled sell-off in software stocks, saying "much of the fear is ...

AWS chief Matt Garman thinks investors may be getting carried away with fears that AI will wipe out traditional software companies. Speaking to CNBC, he called the recent selloff in SaaS stocks ...

Investors don't seem to care at the moment. ServiceNow shares have tumbled 32% year-to-date despite posting 20%-plus growth in its latest earnings report. Adobe has plunged 25% over that time frame ...

Amazon Web Services CEO Matt Garman says fears that AI tools like ChatGPT will derail major software companies are being overstated, arguing that incumbents still have the inside track if they keep ...

“Starcloud will be the first to launch the Amazon Web Services (AWS) Outpost hardware to space on our second satellite launching in October,” Starcloud CEO Philip Johnston wrote in a LinkedIn post.

Live Updates AMZN Losing Streak 20 minutes ago Live The markets have trimmed their losses but the Nasdaq Composite remains modestly lower. Amazon (Nasdaq: AMZN) stock is now trading below the $200 per ...

Stock index futures were mixed on Friday as traders awaited key retail inflation data due out ahead of the opening bell. Now, here are five news stories that broke overnight to watch out for: Alphabet ...

As fears that artificial intelligence (AI) would replace the software industry caused U.S. tech stocks to plummet, two tech industry giants revealed differing stances on the future of AI. Mustafa ...

AWS CEO Matt Garman has pushed back against fears of AI undermining traditional software companies, describing market fears as “overblown.” ...

Philippe Laffont, Coatue Management founder and portfolio manager joins 'Squawk Box' to discuss the company's bet on AI, ...