Amazon’s chief executive had predicted the company would spend more in 2025 than the roughly $83 billion it spent last year.
Shares of tech giant Amazon.com Inc. (NASDAQ: AMZN) have been on a major uptrend for over two years now. They've tacked on ...
CEO Andy Jassy said growth at the e-commerce and cloud service giant has been hampered by bottlenecks in computing and power ...
Investors Await Nvidia Earnings As AI Spending Continues Rising.
Amazon CEO Andy Jassy announces plans to spend $100 billion on capital expenditure in 2025, with the majority allocated to AI ...
In general, Amazon's approach is to be everything to everyone rather than striving for a niche audience, and it has released ...
The e-commerce giant is pulling ahead of rivals in the AI investment race with plans for more than $100 billion in capital ...
The company will keep fueling infrastructure spend to support AI and cloud, amid what CEO Andy Jassy described as a ...
UAE, Amazon’s Q4 earnings for 2024 were a mixed bag, with strong year-over-year revenue growth but a disappointing outlook ...
Amazon joined Microsoft and Google parent Alphabet in posting slowing cloud growth in last year’s fourth quarter.