Amazon shares fall on struggle to keep up with AI demand despite plans for $100B in capital spending
Amazon’s chief executive had predicted the company would spend more in 2025 than the roughly $83 billion it spent last year.
Amazon shares tank 4% on weakness in cloud computing unit after Q1 forecasts miss Wall Street estimates
Amazon, one of Wall Street’s most influential companies, topped analysts’ expectations for earnings at the end of 2024, but its stock nevertheless fell 4%. Investors focused instead on its forecast ...
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 ...
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Amazon to boost AWS capacity with $100B investment
The company will keep fueling infrastructure spend to support AI and cloud, amid what CEO Andy Jassy described as a ...
Amazon dips after cloud growth disappoints investors
Amazon.com shares fell 4% on Friday after the technology heavyweight's quarterly cloud computing revenue growth disappointed ...
Amazon joins Google, Microsoft in cloud weakness, shares slide
The results echoed the slowdown at Microsoft and Alphabet-owned Google, and highlighted how U.S. cloud-computing giants were ...
Futures steady as spotlight shifts to jobs data; Amazon slips
U.S. stock index futures were muted on Friday as investors waited for the monthly jobs report to gain insight into the ...
Amazon shares plunge after tech giant misses sales expectations
Amazon's cloud computing arm, Amazon Web Services, reported fourth-quarter revenue of $28.7bn (£23.1bn), just below Wall ...
Futures Steady Ahead of Monthly Payrolls Test; Amazon Slips
(Reuters) - Futures linked to Wall Street's main indexes were subdued on Friday as investors avoided large bets prior to the ...