While no industry has been entirely immune, some have been hit harder than others. The technology sector, once a beacon of growth, has seen mass layoffs. The toll of layoffs is not just financial but ...
Amazon's cloud and ad divisions are key contributors to its record profit. But the tech giant keeps the full picture murky.
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 ...
A new AI-powered platform is already helping NFL and other sports teams better engage with fans and optimize revenue potential.
FY25 revenue growth guidance of 5%-9% is impacted by FX and extra sales days in the previous year. Click for my AMZN stock ...
Amazon shares fall on struggle to keep up with AI demand despite plans for $100B in capital spending
Amazon’s chief executive had predicted the company would spend more in 2025 than the roughly $83 billion it spent last year.
Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its AI investments.
Amazon has once again partnered with WeWork to expand its office presence in Midtown Manhattan. Check out their latest lease.
CEO Andy Jassy said growth at the e-commerce and cloud service giant has been hampered by bottlenecks in computing and power ...
Amazon's beat Wall Street's overall expectations with $187.8 billion in net sales, up 10%, and came in well ahead on the ...
U.S. stocks are falling Friday after a discouraging report suggested U.S. consumers are bracing for much higher inflation, ...
Amazon has agreed to pay nearly $4 million to settle charges that the e-commerce company subsidized its labor costs by taking ...
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