Amazon joins Google, Microsoft in cloud weakness, shares slide
(Reuters) -Amazon.com shares fell 2% on Friday after the tech giant reported lackluster cloud revenue growth, amplifying ...
Amazon Stock Is Down Amid Doubts About Its $100 Billion AI Bet
Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its AI investments.
Amazon cuts reference to diversity from annual report weeks after ending DEI
Big tech companies Meta Platforms and Alphabet’s Google are among the companies that have rolled back such programs in the ...
Amazon's cloud business faces crucial test after rivals Microsoft, Google stumble
The pressure is on Amazon.com to deliver on lofty expectations for cloud computing in its fourth-quarter results on Thursday, ...
Amazon Q4 2024 Earnings Update
Amazon faced ~900 Mn FX headwind in 4Q’24 which was ~700 mn higher than assumed. For the third consecutive quarter, AWS grew ...
Amazon on pace for $100B+ in yearly capex; Jassy expects cost efficiencies to drive AI demand
Amazon CEO Andy Jassy says the trends represented by DeepSeek should stoke AI demand long-term. (GeekWire File Photo / Taylor ...
Amazon plans to spend $100 billion this year to capture ‘once in a lifetime opportunity' in AI
Amazon said it plans to boost capital expenditures to $100 billion in 2025, largely driven by AI investments. The company ...
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Amazon cuts diversity reference from annual report as Trump pushes policy changes
Amazon has removed references to “inclusion and diversity” from its annual report, aligning with its plan to scale back DEI ...