Amazon’s quarterly profits soar to a record $20 billion, but cloud growth comes up short
Amazon's beat Wall Street's overall expectations with $187.8 billion in net sales, up 10%, and came in well ahead on the bottom line, with earnings of $1.86 per share, vs. expectations of $1.48 for the fourth quarter.
Wall Street expects Amazon Web Servicesrevenue of $28.8 billion for the quarter, an increase from last year’s $24.2 billion.
There is a bit of AI spending one-upmanship going on among the hyperscalers and cloud builders – and now the foundation model ...
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Amazon.com Inc (AMZN) reports a 61% surge in operating income and strong performance in AWS and advertising segments despite ...
BMO Capital Markets updated its outlook on Amazon.com Inc (NASDAQ:AMZN), increasing the price target to $280 from the ...
AWS has already embraced China’s DeepSeek R1 frontier model in Amazon Bedrock and Amazon SageMaker, Jassy told financial ...
Amazon stock is at the bottom of the Dow Friday as the e-commerce giant's soft outlook offsets a fourth-quarter beat. This is ...
The company will keep fueling infrastructure spend to support AI and cloud, amid what CEO Andy Jassy described as a ...
The company posted its Q4 2024 quarterly earnings results this week, which rounded out another strong quarter for its Amazon ...
AWS has collaborated with Bouygues to accelerate digital transformation in construction, energy and services, media, and ...
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