In the fourth quarter, Amazon reported spending $27.8 billion on property and equipment, significantly higher than the same ...
Amazon is the latest tech giant to announce a massive AI spending plan, with well over $100 billion in predicted capital ...
Overall revenue for Amazon's latest quarter came in at $187.8 billion, while the FactSet consensus was for $187.3 billion. The company saw a 10% boost in North America sales, to $115.6 billion, and an ...
AWS's growth is slowed by AI chip shortages and server constraints, CEO Andy Jassy said, as the company plans significant capital investment.
AWS has not been able to match the growth of Amazon’s competitors, with Microsoft Corp.’s Azure and Alphabet Inc.’s Google ...
Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its spending spree ...
Amazon Advertising is plotting its move to grab upper-funnel ad budgets. The advertising services group earned $17.3 billion in Q4 2024, up 18% year over year. “We remain pleased” with the steady ...
Amazon beat Wall Street’s expectations for the fourth quarter, driven by strong cloud growth, AI investments, and a robust ...
The company’s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors.
Amazon CEO Andy Jassy says the trends represented by DeepSeek should stoke AI demand long-term. (GeekWire File Photo / Taylor ...
Amazon.com Inc. warned investors that it could face capacity constraints in its cloud computing division despite plans to ...
AMZN shares seem pricey compared to other Magnificent 7 stocks, following a 40% stock price increase over the past year.
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