Big Tech’s AI spending continues to accelerate at a blistering pace, with the four giants well on track to spend upwards of a ...
The world's 10 richest people, led by Elon Musk, gained a record $64 billion in a day as markets rallied on investor expectations of pro-business policies.
Arceneaux, the mayor of Shreveport, La., was getting his first look at Amazon's new 2.5 million-square-foot fulfillment ...
Amazon reported earnings that saw net sales come in stronger than Wall Street forecasts. The stock climbed 6% in after-hours ...
Markets are taking a big miss in the monthly jobs report in their stride as they welcome Amazon and Intel's results.
CEO Andy Jassy acknowledged that Amazon must sacrifice short-term profits by spending heavily on AI infrastructure that may ...
Product sales were strong, but third-party seller services, advertising and subscriptions grew by double digits in the period ...
Microsoft, Google and Amazon all report strong quarterly growth in cloud revenue, but warn of increased capital spending.
CEO Andy Jassy said Amazon has opened more than 15 inbound fulfillment centers in recent months, and made "hundreds" of ...
The Seattle-based tech titan posted net sales of $158.9 billion ... of Prime Big Deal Days and noted strong performance from the company’s new Kindle lineup. The company has also announced plans to ...
Amazon's net income has surged on the back of higher third-quarter sales, breaking the trend of a modest slowdown.
“We kicked off the holiday season with our biggest-ever Prime Big Deal ... in $61.41 billion in revenue this in the third quarter. Those figures include sales from the company’s popular Prime Day ...