Telsey Advisory Group reiterated its Outperform rating and $275.00 price target for Amazon.com (NASDAQ:AMZN) shares, as the stock trades near $239, close to its 52-week high of $242.52. Telsey's ...

Google parent Alphabet, Amazon, Meta, and Microsoft have all deepened their commitments to AI efforts for the fiscal year ...

Amazon's cloud computing arm, Amazon Web Services, reported fourth-quarter revenue of $28.7bn (£23.1bn), just below Wall ...

The massive capex comes as Amazon's cloud and AI rivals up their spending. Google-parent company Alphabet, said on its most recent earnings call that it expects to spend $75 billion on capital ...

It means all eyes will be on AI chipmaker Nvidia, which reports on 26 February and suffered a steep drop in its own share price after the emergence of the Chinese AI system DeepSeek, with claims it ...

Amazon CEO Andy Jassy said Thursday the e-commerce giant was on track to invest more than $100 billion on cloud computing and ...

Amazon shares slipped in after-hours trading yesterday as investors re-evaluated the company's spending on AI.

The Seattle-based e-commerce and technology company said its revenue for the October-December period totaled $187.8 billion, ...

Investors still worrying about chip stocks in light of fears of lower spending on AI can breathe a sigh of relief now that Amazon has joined in with three other Big Tech companies committed to massive ...

NEW YORK – Amazon.com Inc. warned investors that it could face capacity constraints in its cloud computing division despite ...

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 ...

AWS has not been able to match the growth of Amazon’s competitors, with Microsoft Corp.’s Azure and Alphabet Inc.’s Google ...