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 ...
Fourth-quarter results beat Wall Street estimates but the company’s revenue outlook for the first quarter fell shy of ...
Shares of the artificial intelligence (AI) chip leader have been crushed this year, but recent developments suggest the best ...
The Google parent company’s revenue growth probably slowed in the Christmas quarter due to a slowdown in its advertising and ...
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 said it expects to spend over $100 billion in capital expenditures this year, making it the latest tech giant to say it's ramping up investments in artificial intelligence infrastructure.
In its earnings report on Thursday, Amazon said the strong dollar is weighing on revenue, signaling the company is ...
The company’s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors.
Amazon.com posted sales in last year's final quarter that topped Wall Street estimates, but investors initially drove shares ...
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 ...
Live Updates Make sure to refresh this page periodically for updates. Amazon Addresses DeepSeek 2:36 pm A Wall Street analyst ...
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