Amazon.com Inc. shares have largely climbed on the back of two trends: strength in its cloud business and a focus on costs.
But after posting a record-breaking $20 billion in profits during the fourth quarter of 2024 alone, almost double its $10.6 ...
The company’s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors.
Amazon shares slipped in after-hours trading yesterday as investors re-evaluated the company's spending on AI.
Amazon joined Microsoft and Google parent Alphabet in posting slowing cloud growth in last year’s fourth quarter.
Amazon said it expects to spend over $100 billion in capital expenditures this year, making it the latest tech giant to say it's ramping up investments in artificial intelligence infrastructure.
The Google parent company’s revenue growth probably slowed in the Christmas quarter due to a slowdown in its advertising and ...
In its earnings report on Thursday, Amazon said the strong dollar is weighing on revenue, signaling the company is ...
DeepSeek has prompted investors to take a closer look at the AI spending plans of the world's biggest tech companies.
Live Updates Make sure to refresh this page periodically for updates. Amazon Addresses DeepSeek 2:36 pm A Wall Street analyst ...