Amazon's cloud and ad divisions are key contributors to its record profit. But the tech giant keeps the full picture murky.
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 ...
Amazon shares fell after the e-commerce and cloud company's sales outlook missed analysts' expectations. Some key figures for last quarter: Earnings came in at $1.86 a share, about 25% above analyst ...
Amazon shares fall on struggle to keep up with AI demand despite plans for $100B in capital spending
Amazon’s chief executive had predicted the company would spend more in 2025 than the roughly $83 billion it spent last year.
The Dow, S&P 500 and Nasdaq are falling on Friday as the stock market digests the January jobs report and fears about higher inflation.
There is a bit of AI spending one-upmanship going on among the hyperscalers and cloud builders – and now the foundation model ...
CEO Andy Jassy said growth at the e-commerce and cloud service giant has been hampered by bottlenecks in computing and power ...
Amazon.com shares fell 4% on Friday after the technology heavyweight's quarterly cloud computing revenue growth disappointed ...
The results echoed the slowdown at Microsoft and Alphabet-owned Google, and highlighted how U.S. cloud-computing giants were ...
"Please, let's not allow 'we expect growth will be lumpy over the next few years' to be the key takeaway here," Morton wrote. "Andy Jassy told the Street AWS is constrained and can grow faster when it ...
Amazon’s CEO plans to invest more than $100 billion this year, mostly in AI infrastructure — but could face challenges buying ...
Champions of Change event, leaders Brooke Cunningham and Yesenia Meneses discussed efforts to increase gender diversity in ...
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