Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its AI investments.
In the fourth quarter, Amazon reported spending $27.8 billion on property and equipment, significantly higher than the same ...
Amazon's earnings call is today at 5 pm ET. AMZN stock heads into the report up 8% YTD. Investors are focused on cloud demand ...
The cloud unit, Amazon Web Services, reported a 19% rise in revenue to $28.79 billion, falling short of estimates of $28.87 ...
The pressure is on Amazon.com to deliver on lofty expectations for cloud computing in its fourth-quarter results on Thursday.
Cloud computing and online retail behemoth Amazon (NASDAQ:AMZN) met Wall Street’s revenue expectations in Q4 CY2024, with ...
Amazon’s Q4 2024 earnings call will take place today at 2 p.m. PT/5 p.m. ET. We’ll be streaming it on the Shacknews YouTube ...
The company is expected to show strong operating income growth, reflecting CEO Andy Jassy’s efforts to rein in expenses.
Amazon is the world's largest cloud provider and, like Microsoft and Google, is furiously investing in building out its AI infrastructure capabilities to meet demand. In Q3, CEO Andy Jassy told ...
What Happened: Amazon.com reported fourth-quarter net sales of $187.8 billion, up 10% year-over-year. The net sales beat a Street consensus estimate of $187.3 billion according to data from Benzinga ...
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