Amazon CEO Andy Jassy said Thursday the e-commerce giant was on track to invest more than $100 billion on cloud computing and ...

We believe Amazon is financially sound. Revenue is growing rapidly, margins are expanding, the company has unrivaled scale, and the balance sheet is in great shape. In our view, the marketplace will ...

The tech layoffs can be attributed to factors including market instability, tightened budgets, and the need to adapt to ...

The only Amazon Fresh stores in New York state are the three on Long Island, including one that opened in Oceanside in 2022.

Amazon Inc reported its financial results for the fourth quarter and full year 2024, with steady growth across its business segments. The advertising revenue saw a 18% year-over-year (YoY) growth, ...

Amazon shares lost ground in extended trading on Thursday after the tech giant reported cloud computing revenue below expectations and issued a tepid current quarter outlook. Monitor these key ...

In the fourth quarter, Amazon reported spending $27.8 billion on property and equipment, significantly higher than the same period in 2023. During a call with analysts on Thursday, Amazon CEO Andy ...

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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.

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 ...

Amazon beat expectations for revenue and earnings for the fourth quarter, but it predicts slower growth in the next quarter.

In its earnings report on Thursday, Amazon said the strong dollar is weighing on revenue, signaling the company is ...