Amazon has announced plans to invest over $100 billion in capital expenditures for 2025, with a significant portion allocated to artificial intelligence infrastructure within its cloud computing ...
Amazon has set the bar exceptionally high, announcing an unprecedented investment of over $100 billion in infrastructure, primarily focused on expanding its cloud computing arm, Amazon ...
Alphabet (GOOG), and Amazon ((AMZN) disappoint investors with their cloud businesses in Q4 despite a booming market. Read ...
As cloud giants Amazon, Microsoft, and Google spend record sums to build out their capacity for artificial intelligence ...
The massive capex comes as Amazon's cloud and AI rivals up their spending. Google-parent company Alphabet, said on its most recent earnings call that it expects to spend $75 billion on capital ...
Amazon shares fell after the e-commerce and cloud company's sales outlook missed analysts' expectations. Some key figures for last quarter: Earnings came in at $1.86 a share, about 25% above analyst ...
As Amazon continues heavy investment in AI infrastructure, the company's CEO said the AI business is growing at a ...
Amazon’s chief executive had predicted the company would spend more in 2025 than the roughly $83 billion it spent last year.
CEO Andy Jassy said growth at the e-commerce and cloud service giant has been hampered by bottlenecks in computing and power ...
Amazon, one of Wall Street’s most influential companies, topped analysts’ expectations for earnings at the end of 2024, but its stock nevertheless fell 4%. Investors focused instead on its forecast ...
Amazon.com shares fell 4% on Friday after the technology heavyweight's quarterly cloud computing revenue growth disappointed ...
(Reuters) - Futures linked to Wall Street's main indexes were subdued on Friday as investors avoided large bets prior to the ...