Amazon joined Microsoft and Google parent Alphabet in posting slowing cloud growth in last year’s fourth quarter.
Amazon was that last of the four major hyperscalers to publish December-quarter earnings and 2025 spending plans.
Amazon's forecasted spending in 2025 is 35% higher than 2024 and well above the $86 billion analysts expected.
The brick-and-mortar mainstay has held the top spot in quarterly sales for more than a decade, according to analysts.
Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its AI investments.
Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its spending spree ...
All three of the top companies providing cloud-based computing and storage delivered less fourth-quarter revenue from this ...
U.S. equities were down at midday as fewer jobs than expected were created in January, and another survey showed weakness in consumer sentiment.
While its ad segment’s rate of growth cooled in Q4 compared to the year-ago period, Amazon has successfully won over more non ...
Futures linked to Wall Street's main indexes were subdued on Friday as investors avoided large bets prior to the crucial ...
Amazon's lackluster outlook for FY25 and growth in its cloud services spooked investors, but analysts see a buying ...
Walmart, which is often dubbed the world’s biggest retailer in reference to its revenue, still leads the way when it comes to ...