News Highlights: Top Company News of the Day - Friday at 11 AM ET
The maker of Yankee Candle and Sharpie pens said volumes fell and foreign exchange rates were a headwind in the fourth quarter. The sports-car maker warned that profits will be hurt this year as it ...
Amazon Spending On AI Increases; Jobs Number Weaker Than Forecast
Investors Await Nvidia Earnings As AI Spending Continues Rising.
Amazon to pay nearly $4M to settle lawsuit alleging it took tips from drivers
Amazon has agreed to pay nearly $4 million to settle charges that the e-commerce company subsidized its labor costs by taking ...
Amazon’s quarterly profits soar to a record $20 billion, but cloud growth comes up short
Amazon's beat Wall Street's overall expectations with $187.8 billion in net sales, up 10%, and came in well ahead on the ...
Amazon’s profit is suddenly going through the roof, fueling CEO Andy Jassy’s $100 billion AI spending spree to fight Google and Microsoft
Jassy told analysts on an earnings call Thursday that Amazon will spend around $100 billion or more on capital expenses in 2025, up at least 20% from 2024. The "vast majority" of ...