Amazon on pace for $100B+ in yearly capex; Jassy expects cost efficiencies to drive AI demand
Amazon CEO Andy Jassy says the trends represented by DeepSeek should stoke AI demand long-term. (GeekWire File Photo / Taylor ...
Amazon doubles down on AI with a massive $100B spending plan for 2025
Amazon is the latest tech giant to announce a massive AI spending plan with well over $100 billion in predicted capital ...
Amazon reports strong earnings for Q4, but stocks dip due to outlook for the 1st quarter
Amazon on Thursday reported better-than-expected revenue and profits for the holiday shopping period, but its stocks dipped ...
Amazon, Echoing Microsoft, Says It Can’t Keep Up With AI Demand
Amazon.com Inc. warned investors that it could face capacity constraints in its cloud computing division despite plans to ...
Amazon stock slips as a gloomy outlook overshadows strong earnings
Amazon beat Wall Street’s expectations for the fourth quarter, driven by strong cloud growth, AI investments, and a robust ...
Amazon reports better Q4 results, but soft revenue guidance weighs on stock
Amazon.com stock fell sharply after-hours Thursday after the Internet giant reported softer revenue guidance for the current quarter, offsetting fourth-quarter results that beat analysts' forecasts as ...
Amazon posts net income, revenue growth in Q4 results
Amazoncom Inc on Thursday announced its financial results for the fourth quarter ending Dec 31 2024 with net sales of 1878 billion US dollars ...
Amazon Q4 Ad Revenue Climbs 18% but Misses Wall Street Estimates, Total Profit Hits $20 Billion in Holiday Shopping Period
The ecommerce giant reported $17.29 billion in advertising sales for the fourth quarter of 2024, an increase of 18%. Overall earnings for the period smashed Wall Street expectations. However, the Q4 ...
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Amazon shares fall 4% in extended trade after pointing to weakest growth on record
Amazon expects sales for the first quarter of 2025 to range between $151 billion to $155.5 billion, which is well below ...