Online shopping also saw record sales levels, Adobe Analytics reported in January. Sales for Amazon Web services, the company’s prominent cloud computing unit, rose 19% during the fourth quarter. But ...
Last Thursday, Amazon shared its earnings results for the fourth quarter of 2024, reporting a record revenue of $187.7 billion. This was impressive and surpassed what many had anticipated, with ...
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 ...
Amazon shares lost ground in extended trading on Thursday after the tech giant reported cloud computing revenue below expectations and issued a tepid current quarter outlook. Monitor these key ...