Amazon's AWS growth thrives on AI advancements and innovations like Trainium 2, while e-commerce segments gain momentum.
Amazon's growth is driven by AI-related cloud demand and ad revenue, with AWS and advertising becoming major profit ...
While analysts had been forecasting first-quarter revenues of $158.33 billion, management guided for a range of $151 billion ...
Amazon shares fall on struggle to keep up with AI demand despite plans for $100B in capital spending
In October, Jassy had predicted the company would spend more in 2025 than the roughly $83 billion it spent last year, largely due to a continuing expansion in AI. Amazon said Thursday that it ...
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Zacks.com on MSNAmazon Issues Weak Q1 Sales Guidance: To Buy or Not to Buy the Stock?Amazon AMZN delivered impressive fourth-quarter results that exceeded analyst expectations, with revenues growing 10% year over year to $187.8 billion and operating income surging 61% to $21.2 billion ...
Amazon today sent out invites for an AI-focused event that will be held on February 26, and according to Reuters, the company plans to introduce its next-generation Alexa generative AI service.
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