Amazon was that last of the four major hyperscalers to publish December-quarter earnings and 2025 spending plans.
Similar to Microsoft and Meta this earnings season, Amazon uncorked a whopper of a capex guide. It sees $104 billion in capex ...
"The most successful holiday shopping season yet": Jassy flagged the 10% growth in revenue, which came in ahead of ...
Amazon share price drops after key division misses earnings as investors get ‘jitters’ over AI spending - After-hours trading ...
Meanwhile, Amazon.com dipped 3% in premarket trading due to weakness in the retailer's cloud computing unit, Amazon Web Services, and lower-than-expected forecasts for first-quarter revenue and profit ...
Amazon CEO Andy Jassy announces plans to spend $100 billion on capital expenditure in 2025, with the majority allocated to AI ...
In 2024, this spending was still $83 billion. Amazon is trying to invest quickly in AI as competition from companies such as ...
Google parent Alphabet, Amazon, Meta, and Microsoft have all deepened their commitments to AI efforts for the fiscal year ...