Amazon's cloud and ad divisions are key contributors to its record profit. But the tech giant keeps the full picture murky.
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.
(Reuters) -Amazon.com shares fell 4% on Friday after the technology heavyweight's quarterly cloud computing revenue growth disappointed investors waiting for a bigger payoff from heavy spending on AI.
There is a bit of AI spending one-upmanship going on among the hyperscalers and cloud builders – and now the foundation model ...
Amazon.com Inc. warned investors that it could face capacity constraints in its cloud computing division despite plans to ...
The results echoed the slowdown at Microsoft and Alphabet-owned Google, and highlighted how U.S. cloud-computing giants were ...
Google parent Alphabet, Amazon, Meta, and Microsoft have all deepened their AI commitments for the fiscal year 2025.
Amazon CEO Andy Jassy said Thursday the e-commerce giant was on track to invest more than $100 billion on cloud computing and ...
Amazon shares slipped in after-hours trading yesterday as investors re-evaluated the company's spending on AI.
Amazon cautions investors over cloud capacity troubles in 2025. The company believes it may fail to meet customer demand for its cloud computing devices despite planning to spend roughly $100 billion ...
By Greg Bensinger, Deborah Mary Sophia (Reuters) -Amazon.com investors drove shares down sharply on Thursday due to weakness ...
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 ...
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