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’s chief executive had predicted the company would spend more in 2025 than the roughly $83 billion it spent last year.

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, ...

Amazon said it plans to boost capital expenditures to $100 billion in 2025, largely driven by AI investments. The company ...

In the fourth quarter, Amazon reported spending $27.8 billion on property and equipment, significantly higher than the same period in 2023. During a call with analysts on Thursday, Amazon CEO Andy ...

Good day, everyone, and welcome to the Amazon.com fourth quarter 2024 financial results teleconference. At this time, all participants are in a listen-only mode. After the presentation, we will ...