Despite Mag 7 names such as Google-parent Alphabet and software titan Microsoft dropping after earnings reports, the broader ...

Amazon, Microsoft, and Alphabet each saw sharp stock declines following their fourth-quarter earnings reports, which revealed ...

GOOGL had already surprised markets with the scale of its investment in AI. CEO Sundar Pichai said spending on data centers and servers would rise to $75 billion this year from $53 billion in 2024, a ...

It means all eyes will be on AI chipmaker Nvidia, which reports on 26 February and suffered a steep drop in its own share ...

Amazon.com Inc. shares have largely climbed on the back of two trends: strength in its cloud business and a focus on costs.

Amazon CEO Andy Jassy announces plans to spend $100 billion on capital expenditure in 2025, with the majority allocated to AI ...

Amazon (AMZN) is the latest technology giant to announce it will continue spending massive amounts of cash on artificial ...

The company’s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors.

Amazon joined Microsoft and Google parent Alphabet in posting slowing cloud growth in last year’s fourth quarter.

"The most successful holiday shopping season yet": Jassy flagged the 10% growth in revenue, which came in ahead of ...

The results echoed the slowdown at Microsoft and Alphabet-owned Google, and highlighted how U.S. cloud-computing giants were ...

Amazon shares slipped in after-hours trading yesterday as investors re-evaluated the company's spending on AI.