Amazon’s lackluster outlook for FY25 and as-expected growth in its cloud services business may have spooked investors, but Wall Street analysts see the 4% drop in the share price as a buying ...
Amazon's beat Wall Street's overall expectations with $187.8 billion in net sales, up 10%, and came in well ahead on the ...
The company will keep fueling infrastructure spend to support AI and cloud, amid what CEO Andy Jassy described as a ...
Amazon held cloud revenue growth steady when rivals couldn’t. Analysts say the company wouldn’t be spending so much on AI if it didn’t see strong long-term demand.
The company posted its Q4 2024 quarterly earnings results this week, which rounded out another strong quarter for its Amazon ...
Amazon is set to surpass Walmart in quarterly revenue, marking a significant shift in the US retail landscape, according to ...
Beyond the headline numbers, Amazon had a lot of wins in its business. Its Red One holiday movie became its most-watched Prime Video release yet. Plus Prime members received 65% more items same-day or ...
Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its AI investments.
Investing.com -- Growing capital expenditures (capex) for cloud infrastructure are expected to “bolster the bull case for AI/cloud capex stocks,” according to Morgan Stanley (NYSE: MS) analysts.
Similar to Microsoft and Meta this earnings season, Amazon uncorked a whopper of a capital spending guide. It sees $104 ...
The second PPA was signed with BluPine Energy, an Indian renewable energy developer, for energy from a 99MW wind project in ...
Google parent Alphabet, Amazon, Meta, and Microsoft have all deepened their commitments to AI efforts for the fiscal year ...