Amazon's forecasted spending in 2025 is 35% higher than 2024 and well above the $86 billion analysts expected.
(Reuters) -Amazon.com shares fell 2% on Friday after the tech giant reported lackluster cloud revenue growth, amplifying ...
Despite Amazon’s plans to invest nearly $100 billion in cloud infrastructure this year, CEO Andy Jassy has cautioned that ...
Amazon, Microsoft, and Alphabet each saw sharp stock declines following their fourth-quarter earnings reports, which revealed ...
Despite Mag 7 names such as Google-parent Alphabet and software titan Microsoft dropping after earnings reports, the broader ...
Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its AI investments.
Amazon CEO Andy Jassy announces plans to spend $100 billion on capital expenditure in 2025, with the majority allocated to AI ...
Similar to Microsoft and Meta this earnings season, Amazon uncorked a whopper of a capital spending guide. It sees $104 ...
Amazon on Thursday reported its fourth-quarter net income doubled to $20 billion, with net sales rising 10 percent to $187.8 ...
GOOGL had already surprised markets with the scale of its investment in AI. CEO Sundar Pichai said spending on data centers and servers would rise to $75 billion this year from $53 billion in 2024, a ...
The company’s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors.
Amazon.com Inc. shares have largely climbed on the back of two trends: strength in its cloud business and a focus on costs.
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