Tech giants are set to spend a staggering $200 billion on AI-related capital expenditures this year, according to Bloomberg's ...
CEO Andy Jassy acknowledged that Amazon must sacrifice short-term profits by spending heavily on AI infrastructure that may ...
Amazon reported earnings that saw net sales come in stronger than Wall Street forecasts. The stock climbed 6% in after-hours ...
Product sales were strong, but third-party seller services, advertising and subscriptions grew by double digits in the period ...
Amazon's net income has surged on the back of higher third-quarter sales, breaking the trend of a modest slowdown.
Markets are taking a big miss in the monthly jobs report in their stride as they welcome Amazon and Intel's results.
Arceneaux, the mayor of Shreveport, La., was getting his first look at Amazon's new 2.5 million-square-foot fulfillment ...
Amazon analysts raise price targets for the stock and center in on AWS growth and the AI opportunity with advertising called ...
It's still early in the AI race, and Amazon's slow start may not matter in the end. In fact, the company's third-quarter earnings report showed why the stock can keep moving higher even if Amazon ...
Amazon’s quarterly financial results on Thursday surpassed analyst expectations, powered by strong revenue growth and record operating income in the company’s $110 billion cloud-computing ...
CEO Andy Jassy said Amazon has opened more than 15 inbound fulfillment centers in recent months, and made "hundreds" of ...
Amazon reported a boost in its quarterly profits Thursday and exceeded revenue estimates, sending the company’s stock up in after-hours trading.