Amazon's cloud computing division is now a massive and highly lucrative business, with full-year sales and operating income ...
Amazon CEO Andy Jassy said he expects the company to earn a strong return on invested capital on its expenditures. The company's nascent chips business is growing at a blistering pace.
Amazon.com Inc. shares dropped the most in six months after the company announced plans to spend $200 billion this year on ...
Amazon’s results are the latest sign that Big Tech will not be hitting the brakes any time soon on hefty AI investments. Read more at straitstimes.com. Read more at straitstimes.com.
The big cloud companies are expected to collectively shell out more than US$500 billion on AI in 2026. Read more at ...
BNP Paribas analysts said hyperscalers are entering a new phase of aggressive AI spending, with Microsoft Corp MSFT standing out for its cash flow resilience. At the same time, Amazon.com Inc AMZN ...
Amazon (Nasdaq: AMZN) shares tumbled after the e-commerce and cloud giant reported fourth-quarter earnings on February 5, ...
Major stock indexes closed sharply lower and bitcoin plunged to near $62,000 Thursday amid broad risk-off sentiment, as ...
AMAZON on Thursday projected a surge of more than 50 percent in capital expenditures (capex) this year, joining its peers in a spending spree to build out artificial intelligence (AI) infrastructure, ...
Amazon stock fell as much as 10% during after-hours trading on Thursday after the company said it plans to spend $200 billion ...
Amazon.com (NASDAQ:AMZN) on Thursday beat quarterly top-line estimates, but forecasted capital expenditures of about $200 billion for 2026, much higher than expected.
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