AWS's growth is slowed by AI chip shortages and server constraints, CEO Andy Jassy said, as the company plans significant ...
Amazon's online advertising business logged $17.29 billion in the fourth quarter, up 18% from a year ago. Analysts polled by ...
The pressure is on Amazon.com to deliver on lofty expectations for cloud computing in its fourth-quarter results on Thursday, ...
Amazon's cloud and ad divisions are key contributors to its record profit. But the tech giant keeps the full picture murky.
The company’s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors.
Amazon has agreed to pay nearly $4 million to settle charges that the e-commerce company subsidized its labor costs by taking ...
Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its AI investments.
Amazon’s chief executive had predicted the company would spend more in 2025 than the roughly $83 billion it spent last year.
Amazon's beat Wall Street's overall expectations with $187.8 billion in net sales, up 10%, and came in well ahead on the ...
FY25 revenue growth guidance of 5%-9% is impacted by FX and extra sales days in the previous year. Click for my AMZN stock ...
Walmart, which is often dubbed the world’s biggest retailer in reference to its revenue, still leads the way when it comes to ...
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 ...