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 expects $100 billion of capex in 2025 on ‘once-in-a-lifetime' AI opportunity
Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its spending spree ...
Amazon CEO says cloud business would have grown faster if it had more AI chips, power, and server components
AWS's growth is slowed by AI chip shortages and server constraints, CEO Andy Jassy said, as the company plans significant capital investment.
Amazon Says Profits Rose 88% but Cautions Growth May Slow
The company’s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors.
Amazon shares slide as weak revenue outlook, AI spending rattle investors
Amazon joined Microsoft and Google parent Alphabet in posting slowing cloud growth in last year’s fourth quarter.
Amazon earnings recap: Stock falls as guidance falls short, CFO indicates capex of more than $100 billion in 2025
Amazon's earnings call is today at 5 pm ET. AMZN stock heads into the report up 8% YTD. Investors are focused on cloud demand ...
Amazon set to report earnings after the bell
The company is expected to show strong operating income growth, reflecting CEO Andy Jassy’s efforts to rein in expenses.
Amazon Advertising Revenue Surges to $17.3B as ‘Thursday Night Football’ Sets Streaming Records
The tech giant's ad revenue grew by 18 percent in its latest quarter, as did overall sales and operating income.
Jassy says holiday shopping season ‘most successful yet for Amazon’
The holiday shopping season was the most successful yet for Amazon and we appreciate the support of our customers, selling partners, and employees who helped make it so. When we look back on this ...
Amazon shares slide as cloud growth, sales forecast lag
STORY: Amazon shares tumbled as much as 5% in after-hours trade on Thursday. The drop came after the e-commerce titan ...