Amazon cautions investors over cloud capacity troubles in 2025. The company believes it may fail to meet customer demand for its cloud computing devices despite planning to spend roughly $100 billion ...
The tech giant's ad revenue grew by 18 percent in its latest quarter, as did overall sales and operating income.
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, ...
The Seattle-based e-commerce and technology company said its revenue for the October-December period totaled $187.8 billion, ...
An immense demand for AI services is forcing some of the world’s biggest tech companies including Amazon and Microsoft that ...
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 posted strong revenue and profit gains for the holiday season, but shares fell due to weaker-than-expected guidance ...
CEO Jassy said the supply of chips — from third parties and Amazon’s own chip design unit — and power capacity are limiting ...
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 is the latest tech giant to announce a massive AI spending plan, with well over $100 billion in predicted capital ...
Amazon's recent earnings reports present a mixed picture, with strong revenue growth tempered by cautious future projections.