Amazon's beat Wall Street's overall expectations with $187.8 billion in net sales, up 10%, and came in well ahead on the ...
The company plans to allocate a record amount to capital expenditures to build artificial-intelligence infrastructure.
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 ...
In general, Amazon's approach is to be everything to everyone rather than striving for a niche audience, and it has released ...
The tech giant's ad revenue grew by 18 percent in its latest quarter, as did overall sales and operating income.
The expected $100 billion annual capex, up from $83 billion last year, also includes e-commerce warehouses and offices.
E-commerce giant Amazon reported Thursday its fourth-quarter net income nearly doubled to $20 billion, driven by strong ...
Amazon.com investors drove shares down sharply on Thursday due to weakness in the retailer's cloud computing unit and ...
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 ...