Microsoft's commercial backlog is soaring, but one company accounts for a significant portion of it. Amazon's cloud computing segment's growth rate is accelerating, fueled by surging AI demand.

Amazon plans to hold its annual Prime Day sale a month earlier, scheduling it for late June this year rather than July as it did last year, Bloomberg reported Thursday (March 12), citing unnamed sources. Reached by PYMNTS, Amazon declined to comment on the report.

Amazon's rapidly growing AWS business and massive AI infrastructure investments position it as a major beneficiary of the AI boom. TSMC plays a crucial role in meeting hardware demand for AI infrastructure buildout.

Amazon (AMZN, Financials) could face a criminal trial in Italy after prosecutors in Milan requested that the company's European unit and four executives be char

With AI use cases and Big Tech CapEx increasing, Mark McCarron sees a strong outlook for evolving tech. When it comes to building profits using AI, he sees Alphabet (GOOGL), Meta Platforms (META), and Amazon (AMZN) as the "early monetizers" that will lead the next stage for momentum.

Alphabet is well positioned for the future as the company with the most complete AI tech stack. Amazon is the market leader in both e-commerce and cloud computing.

Analysts at Wedbush have highlighted Uber Technologies Inc (NYSE:UBER, XETRA:UT8)' strong positioning in autonomous vehicles (AVs) after the company announced a partnership with Amazon.com Inc (NASDAQ:AMZN)-owned Zoox. “Uber now has partnerships with every major unsupervised player, reinforcing our view that they are uniquely well-positioned to benefit from AVs,” Wedbush wrote.