Amazon.com, Microsoft, and Alphabet all fell after earnings. The common theme was disappointment in the cloud.
Amazon's beat Wall Street's overall expectations with $187.8 billion in net sales, up 10%, and came in well ahead on the ...
The company will keep fueling infrastructure spend to support AI and cloud, amid what CEO Andy Jassy described as a ...
Amazon was falling on Friday after making a huge commitment to spending on artificial intelligence. Analysts are backing the ...
"Please, let's not allow 'we expect growth will be lumpy over the next few years' to be the key takeaway here," Morton wrote. "Andy Jassy told the Street AWS is constrained and can grow faster when it ...
Unlock quantum computing with AWS Braket. Discover advancements and the next generation of computers powered by quantum ...
Similar to Microsoft ( MSFT) and Meta ( META) this earnings season, Amazon uncorked a whopper of a capex guide. It sees $104 ...
Beyond the headline numbers, Amazon had a lot of wins in its business. Its Red One holiday movie became its most-watched Prime Video release yet. Plus Prime members received 65% more items same-day or ...
AWS completes the set with slower cloud growth expectations alongside Google and Microsoft. Play the long game, urges CEO ...
Amazon Web Services (AWS) reports full-year results and reveals capital expenditure toll the AI boom will take on its business in 2025 ...
Overall revenue for Amazon's latest quarter came in at $187.8 billion, while the FactSet consensus was for $187.3 billion. The company saw a 10% boost in North America sales, to $115.6 billion, and an ...
Amazon is the latest tech giant to announce a massive AI spending plan, with well over $100 billion in predicted capital ...