Amazon pointed to artificial intelligence traction in the cloud during the fourth quarter. Acceleration of cloud growth should continue, too. Source: Amazon cloud unit speeds up revenue growth as clients adopt AI services
Category: CNBC
Zoom on Thursday confirmed that it’s cutting about 2% of its workforce, becoming the latest tech company to announce layoffs. Source: Zoom is cutting about 150 jobs, or close to 2% of its workforce
The Bank of England held interest rates steady at 5.25% on Thursday. Source: Divided Bank of England leaves policy unchanged, says interest rates are ‘under review’