Meanwhile, on the cloud side, Amazon Web Services – or AWS – has grown its AI business into a multibillion-dollar revenue run rate business that continues to grow at a triple-digit rate.

That view puts Amazon's 2025 capex plans, which CEO Andy Jassy said will likely be higher than the $75 billion it was on pace ...

Amazon is using artificial intelligence and robotics to create new revenue streams and improve profit margins across its ...

Wall Street expects Amazon to report revenue of $148.5 billion, up about 11% year-over-year, and earnings per share of $0.94, up from $0.65, according to Yahoo Finance.

Amazon reports Q1 2025 earnings on May 1. Investors are watching for signs of AI and cloud growth, the impact of new tariffs, and how retail and ad sales are holding up.

Jassy also reiterated, as he has during previous earnings calls, that Amazon's investments in AWS will pay off as more businesses turn to Amazon for their AI needs. Amazon's advertising revenue ...

Amazon CEO Andy Jassy said that while the company continues to hire for AI, some jobs will require fewer employees because of ...

Amazon reports Q1 financial results after market close Thursday. Tariffs, AI and cloud could be the most watched topics for the company's earnings report and conference call. Market-moving news ...

Amazon Earnings Illustrate the Power of AI November 01, 2024 — 02:28 pm EDT. ... Big Tech Gets an AI Boost. Amazon is not alone here. Its Big Tech peers – including Alphabet ...