Jassy told analysts on an earnings call Thursday that Amazon will spend around $100 billion or more on capital expenses in ...

STORY: Amazon shares tumbled as much as 5% in after-hours trade on Thursday. The drop came after the e-commerce titan ...

The Seattle-based e-commerce and technology company said its revenue for the October-December period totaled $187.8 billion, ...

Jassy said the supply of chips — from third parties and Amazon’s own chip design unit — and power capacity are limiting the ability of Amazon Web Services to bring new data centers online. Those ...

Amazon has announced plans to invest more than $100 billion in artificial intelligence (AI) this year. The company's CEO Andy Jassy revealed during the fourth-quarter earnings call that most of this ...

The tech giant's ad revenue grew by 18 percent in its latest quarter, as did overall sales and operating income.

Microsoft, leading the generative AI revolution through its OpenAI partnership, plans to invest about $80 billion in AI this fiscal year. And while it has rapidly deployed AI features under its Gemini ...

Amazon.com shares fell sharply on Thursday after the company reported weaker-than-expected growth in its cloud computing unit and issued a disappointing revenue forecast for the first quarter.Shares d ...

By Greg Bensinger, Deborah Mary Sophia (Reuters) -Amazon.com investors drove shares down sharply on Thursday due to weakness ...

Amazon Inc reported its financial results for the fourth quarter and full year 2024, with steady growth across its business segments. The advertising revenue saw a 18% year-over-year (YoY) growth, ...

Amazon has once again delivered a record-breaking quarter, with the company's revenue reaching $187.8 billion in Q4 2024, up 10% year-over-year. According to Andy Jassy, CEO of Amazon, the company's ...