US e-commerce giant Amazon has reported a net sales increase of 11% to $638.0bn during the full year 2024 (FY24) against $574.8bn in 2023. North American and International segments reported sales ...

Amazon’s increased spending comes after a few years of cost-cutting from the company. Jassy announced layoffs in 2022 that ...

AWS has not been able to match the growth of Amazon’s competitors, with Microsoft Corp.’s Azure and Alphabet Inc.’s Google ...

The tech titan's low-cost Shein and Temu competitor, Amazon Haul, would feel the heat from the tacked-on tariffs and the de ...

The tech giant's ad revenue grew by 18 percent in its latest quarter, as did overall sales and operating income.

In general, Amazon's approach is to be everything to everyone rather than striving for a niche audience, and it has released ...

Amazon.com investors drove shares down sharply on Thursday due to weakness in the retailer's cloud computing unit and ...

E-commerce giant Amazon reported Thursday its fourth-quarter net income nearly doubled to $20 billion, driven by strong ...

Beyond the headline numbers, Amazon had a lot of wins in its business. Its Red One holiday movie became its most-watched Prime Video release yet. Plus Prime members received 65% more items same-day or ...

Amazon topped expectations in its fourth-quarter earnings. However, its disappointing guidance deepened concerns about a ...

Its net income increased to 59.2 billion dollars in ... or 2.90 dollars per diluted share, in 2023. Amazon's net sales increased 11 percent to 638.0 billion dollars in 2024, compared with 574.8 ...

Shares of Amazon (NASDAQ: AMZN) slipped marginally on Wednesday, losing -0.31%. But the big news for the company came on ...