Amazon’s quarterly profits soar to a record $20 billion, but cloud growth comes up short
Amazon's beat Wall Street's overall expectations with $187.8 billion in net sales, up 10%, and came in well ahead on the bottom line, with earnings of $1.86 per share, vs. expectations of $1.48 for the fourth quarter.
Jassy told analysts on an earnings call Thursday that Amazon will spend around $100 billion or more on capital expenses in ...
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Amazon CEO Andy Jassy says the trends represented by DeepSeek should stoke AI demand long-term. (GeekWire File Photo / Taylor ...
Alexa is set to receive a reboot powered by generative artificial intelligence, which "could be risky" for Amazon.
Walmart, which is often dubbed the world’s biggest retailer in reference to its revenue, still leads the way when it comes to ...
The Seattle-based e-commerce and technology company said its revenue for the October-December period totaled $187.8 billion, ...
The company’s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors.
Amazon.com is due to report earnings after the close. It is the last of the $1 trillion-plus tech companies to report this ...
Invites went out for an Amazon event in New York City on February 26, and all clues point to an Alexa AI announcement.
If announced, this would mark Alexa's most significant evolution since its debut in 2014. Although Amazon has long been a ...
Amazon's earnings call is today at 5 pm ET. AMZN stock heads into the report up 8% YTD. Investors are focused on cloud demand ...
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