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Amazon’s chief executive had predicted the company would spend more in 2025 than the roughly $83 billion it spent last year.
Amazon.com Inc. shares have largely climbed on the back of two trends: strength in its cloud business and a focus on costs.
Amazon's cloud and ad divisions are key contributors to its record profit. But the tech giant keeps the full picture murky.
AWS has not been able to match the growth of Amazon’s competitors, with Microsoft Corp.’s Azure and Alphabet Inc.’s Google ...
Amazon (AMZN) will likely be under pressure to deliver strong cloud computing results in its fourth-quarter earnings report ...
Amazon CEO Andy Jassy said Thursday the e-commerce giant was on track to invest more than $100 billion on cloud computing and ...
Amazon’s increased spending comes after a few years of cost-cutting from the company. Jassy announced layoffs in 2022 that ...
The pressure is on Amazon.com to deliver on lofty expectations for cloud computing in its fourth-quarter results on Thursday.
Amazon shares slipped in after-hours trading yesterday as investors re-evaluated the company's spending on AI.
Amazon.com Inc. warned investors that it could face capacity constraints in its cloud computing division despite plans to ...
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