Amazon on Thursday reported its fourth-quarter net income doubled to $20 billion, with net sales rising 10 percent to $187.8 ...
Amazon, Google, Microsoft and Meta are pouring billions into artificial intelligence, undeterred by DeepSeek’s rise.
US stock futures inched lower after Amazon (AMZN) joined Google (GOOG) and other AI-focused Big Tech companies with ...
Amazon.com investors drove shares down sharply on Wall Street last night due to weakness in the retailer's cloud computing ...
Jassy told analysts on an earnings call Thursday that Amazon will spend around $100 billion or more on capital expenses in ...
Investors still worrying about chip stocks in light of fears of lower spending on AI can breathe a sigh of relief now that Amazon has joined in with three other Big Tech companies committed to massive ...
CEO Jassy said the supply of chips — from third parties and Amazon’s own chip design unit — and power capacity are limiting ...
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 ...
Amazon spent $26.3 billion in capital expenditures in the last three months of 2024, the vast majority of which went toward ...
The company’s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors.
AMAZON.COM projected profit in the current quarter that fell short of analysts’ estimates, suggesting the company continues ...
BST, a tech-focused fund with high dividend yield, faces performance challenges but offers potential for growth and income ...
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