Amazon on Thursday reported its fourth-quarter net income doubled to $20 billion, with net sales rising 10 percent to $187.8 ...
Amazon.com investors drove shares down sharply on Wall Street last night due to weakness in the retailer's cloud computing ...
Amazon faced ~900 Mn FX headwind in 4Q’24 which was ~700 mn higher than assumed. For the third consecutive quarter, AWS grew ...
The massive capex comes as Amazon's cloud and AI rivals up their spending. Google-parent company Alphabet, said on its most recent earnings call that it expects to spend $75 billion on capital ...
CEO Jassy said the supply of chips — from third parties and Amazon’s own chip design unit — and power capacity are limiting ...
Amazon spent $26.3 billion in capital expenditures in the last three months of 2024, the vast majority of which went toward ...
AWS's growth is slowed by AI chip shortages and server constraints, CEO Andy Jassy said, as the company plans significant capital investment.
Amazon CEO Andy Jassy says the trends represented by DeepSeek should stoke AI demand long-term. (GeekWire File Photo / Taylor ...
“Even though Amazon has once again pivoted toward a new investment cycle to play a key role in the AI revolution, its ...
Amazon (AMZN) stock is in focus after the company reported quarterly results and released weaker-than-expected first quarter ...
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