The results echoed the slowdown at Microsoft and Alphabet-owned Google, and highlighted how U.S. cloud-computing giants were ...
Amazon held cloud revenue growth steady when rivals couldn’t. Analysts say the company wouldn’t be spending so much on AI if it didn’t see strong long-term demand.
Amazon’s CEO plans to invest more than $100 billion this year, mostly in AI infrastructure — but could face challenges buying ...
Unlock quantum computing with AWS Braket. Discover advancements and the next generation of computers powered by quantum ...
Amazon’s $104 billion spending plan marks one of the most significant investments in AI and cloud computing. While the stock ...
Amazon.com posted sales in last year's final quarter that topped Wall Street estimates, but investors initially drove shares down due to weakness in the cloud ...
The company's cloud unit, Amazon Web Services (AWS), reported a 19% rise in revenue to $28.79 billion, falling short of estimates of $28.87 billion, according to data compiled by LSEG. Amazon joins ...
Amazon.com Inc. shares have largely climbed on the back of two trends: strength in its cloud business and a focus on costs.
Amazon's earnings call is today at 5 pm ET. AMZN stock heads into the report up 8% YTD. Investors are focused on cloud demand ...
Amazon (NASDAQ:AMZN) shares have been climbing steadily over the past year, surging 40% and outpacing the S&P 500’s 23% ...
Amazon (AMZN) will likely be under pressure to deliver strong cloud computing results in its fourth-quarter earnings report ...
Amazon's North American sales for the fourth quarter are projected to rise 9% year-on-year. After a slowdown in online sales ...