NEW YORK – Amazon.com Inc. warned investors that it could face capacity constraints in its cloud computing division despite ...
Amazon is the latest tech giant to announce a massive AI spending plan, with well over $100 billion in predicted capital ...
Overall revenue for Amazon's latest quarter came in at $187.8 billion, while the FactSet consensus was for $187.3 billion. The company saw a 10% boost in North America sales, to $115.6 billion, and an ...
E-commerce giant Amazon reported strong earnings Thursday but, like its big tech peers Microsoft and Google, saw its stock ...
AWS's growth is slowed by AI chip shortages and server constraints, CEO Andy Jassy said, as the company plans significant capital investment.
AWS has not been able to match the growth of Amazon’s competitors, with Microsoft Corp.’s Azure and Alphabet Inc.’s Google ...
Revenue for the quarter reached $187.8 billion, against expectations of $187.3 billion, and up 10% on the year.Amazon’s ...
AWS and Orbital Materials have announced a partnership using generative AI to boost data center sustainability and efficiency ...
Amazon's beat Wall Street's overall expectations with $187.8 billion in net sales, up 10%, and came in well ahead on the ...
AMZN shares seem pricey compared to other Magnificent 7 stocks, following a 40% stock price increase over the past year.
“Even though Amazon has once again pivoted toward a new investment cycle to play a key role in the AI revolution, its [trailing twelve-month free cash flow] is still hovering around a jaw-dropping ...
Amazon reported major financial strides in Q4 2024, driven largely by AWS. The segment achieved a 19% sales growth to $28.8 billion, enhancing its operating income by 48% to $10.6 billion. Investments ...