Amazon said it will continue spending billions of dollars on AI infrastructure and signaled that it's not afraid of cheaper competitors during its call on Thursday. CFO Brian Olsavsky indicated ...
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Amazon is slated to report its fourth-quarter results after the market closes Thursday, with analysts overwhelmingly bullish on the tech titan's stock.
Amazon delivered a strong set of financial results in the fourth quarter, with revenue in the holiday span rising 10% from a year ago to $187.8 billion and earnings nearly doubling to $1.86.