UPS’s CEO says the company is cutting back its shipping for Amazon by 50 percent.
The expected $100 billion annual capex, up from $83 billion last year, also includes e-commerce warehouses and offices.
Amazon has agreed to pay nearly $4 million to settle charges that the e-commerce company subsidized its labor costs by taking ...
Amazon settled a lawsuit with the Office of the Attorney General (OAG), which alleged it misled customers in the District by ...
Amazon’s chief executive had predicted the company would spend more in 2025 than the roughly $83 billion it spent last year.
Nvidia (NVDA) shares remained under pressure on Friday, slipping 0.5% in mid-day trading, despite Amazon.com Inc. (AMZN) ...
CEO Andy Jassy said growth at the e-commerce and cloud service giant has been hampered by bottlenecks in computing and power ...
Amazon.com Inc. warned investors that it could face capacity constraints in its cloud computing division despite plans to invest some $100 billion this year, with most of the money going toward data ...
Amazon (AMZN) is the latest technology giant to announce it will continue spending massive amounts of cash on artificial ...
Q4 2024 Earnings Call Transcript February 6, 2025 Amazon.com, Inc. beats earnings expectations. Reported EPS is $1.86, expectations were $1.49. Operator: Thank you for standing by. Good day, everyone, ...