Amazon’s chief executive had predicted the company would spend more in 2025 than the roughly $83 billion it spent last year.
(Reuters) -Amazon.com shares fell 2% on Friday after the tech giant reported lackluster cloud revenue growth, amplifying ...
Despite Mag 7 names such as Google-parent Alphabet and software titan Microsoft dropping after earnings reports, the broader ...
Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its AI investments.
The pressure is on Amazon.com to deliver on lofty expectations for cloud computing in its fourth-quarter results on Thursday, ...
Amazon.com Inc. shares have largely climbed on the back of two trends: strength in its cloud business and a focus on costs.
Amazon, Microsoft, and Alphabet each saw sharp stock declines following their fourth-quarter earnings reports, which revealed ...
Amazon CEO Andy Jassy says the trends represented by DeepSeek should stoke AI demand long-term. (GeekWire File Photo / Taylor ...
The company’s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors.
Speaking with investors on an earnings call, CEO Andy Jassy suggested Amazon may spend more than $100 billion in the year ...
DeepSeek shows the potential to create powerful AI models with fewer computing resources than previously imagined.