An immense demand for AI services is forcing some of the world’s biggest tech companies including Amazon and Microsoft that ...

Amazon posted strong revenue and profit gains for the holiday season, but shares fell due to weaker-than-expected guidance ...

During the earnings call that followed the release of Amazon's financial results, senior executives acknowledged the adverse ...

E-commerce giant Amazon reported strong earnings on Thursday but, like its big tech peers Microsoft and Google, saw its stock ...

Q4 2024 Management View CEO Andy Jassy highlighted $187.8 billion in revenue for Q4, a 10% year-over-year increase, which would have been 11% without foreign exchange headwinds. Operating income ...

CEO Jassy said the supply of chips — from third parties and Amazon’s own chip design unit — and power capacity are limiting ...

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 ...

The company called out an ‘unusually large, unfavorable impact’ from currency, which is expected to hit first-quarter results.

AWS's growth is slowed by AI chip shortages and server constraints, CEO Andy Jassy said, as the company plans significant capital investment.