Amazon CEO Andy Jassy revealed to investors Thursday that the company plans to spend more than $100 billion in capital expenditures on AWS and AI development in 2025.
Amazon's beat Wall Street's overall expectations with $187.8 billion in net sales, up 10%, and came in well ahead on the ...
The company will keep fueling infrastructure spend to support AI and cloud, amid what CEO Andy Jassy described as a ...
Amazon.com shares fell 4% on Friday after the technology heavyweight's quarterly cloud computing revenue growth disappointed ...
Amazon held cloud revenue growth steady when rivals couldn’t. Analysts say the company wouldn’t be spending so much on AI if ...
Amazon’s CEO plans to invest more than $100 billion this year, mostly in AI infrastructure — but could face challenges buying ...
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, ...
As Amazon celebrates 30 years, we’re proud of the strides we've made by investing in local communities, our employees, and leveraging our scale to do good.
Amazon Web Services (AWS) reports full-year results and reveals capital expenditure toll the AI boom will take on its business in 2025 ...
Amazon faced ~900 Mn FX headwind in 4Q’24 which was ~700 mn higher than assumed. For the third consecutive quarter, AWS grew ...
Q4 2024 Earnings Conference Call February 6, 2025 5:00 PM ETCompany ParticipantsDave Fildes - VP of IRAndy Jassy - ...
Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its fourth quarter ended December 31, 2024.
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