SocGen to cut about 40 branches in France by 2027, source says
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CEO Andy Jassy Just Told Investors That AWS Can Grow Revenue 40% in 2027 and 2028 and Eventually Become a Trillion-Dollar Business. Is It Enough to Get Wall Street on Board?
Despite strong guidance for AWS over the next few years, Amazon sold off following its recent earnings report.
- AWS projected to grow revenue 40% in 2027 and 2028
- CEO Andy Jassy confident in AWS's potential as trillion-dollar business
- AI driving growth, but high capital expenditures raise investor concerns
Euro: Supported by ECB hike prospects – Commerzbank
Commerzbank’s Antje Praefcke notes that EUR/USD has been firm as the Dollar suffers from political fallout in the US and Euro area inflation hits 4%.