AWS (AMZN) and BlackBerry (BB) Join Forces to Accelerate Innovation with New Intelligent Vehicle Data Platform

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RBC Capital Reiterates Outperform Rating on Amazon.com (AMZN) Following Day 1 of All Virtual re:Invent Conference

December 2, 2020 6:50 AM EST

RBC analyst Mark Mahaney has remained positive on the outlook for Amazons (NASDAQ: AMZN) AWS after participating in the 9th annual re:Invent event.

The company remains a clear leader in the Cloud Infrastructure as a Service (IaaS) and Platform as a Service (Paas) market, Mahaney writes in todays research note sent to clients.

Of note is how AWSs rate of growth has accelerated over the yearsit took AWS 123 months to get to $10B in annual revenue, 23 months from $10B to $20B, 13 months from $20B to $30B and 12... More

TD Securities Thinks Surge in BlackBerry (BB) is "Over-Reaction"

December 1, 2020 2:38 PM EST

TD Securities analyst Daniel Chan commented on BlackBerry Limited (NYSE: BB) following its announcement of a deal with AWS, calling the impact slightly positive and long term opportunity. He also said today's spike higher in shares an "over-reaction."

"BlackBerry is entering a multi-year,... More

BlackBerry (BB) Surges 60% on AWS Deal

December 1, 2020 12:02 PM EST

BlackBerry (NYSE: BB) pushes to session highs after an earlier deal with AWS. Shares up 60%.

... More