Amazon joined Microsoft and Google parent Alphabet in posting slowing cloud growth in last year’s fourth quarter.

Amazon’s chief executive had predicted the company would spend more in 2025 than the roughly $83 billion it spent last year.

It means all eyes will be on AI chipmaker Nvidia, which reports on 26 February and suffered a steep drop in its own share ...

Amazon was that last of the four major hyperscalers to publish December-quarter earnings and 2025 spending plans.

The cloud unit, Amazon Web Services, reported a 19% rise in revenue to $28.79 billion, falling short of estimates of $28.87 ...

White Pine Investment CO increased its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 1.9% during the 4th quarter, according to ...

The company plans to allocate a record amount to capital expenditures to build artificial-intelligence infrastructure.

The results echoed the slowdown at Microsoft and Alphabet-owned Google, and highlighted how U.S. cloud-computing giants were ...

Truist Securities adjusted its outlook on Amazon.com (NASDAQ:AMZN) shares, reducing the price target to $265 from the ...

Amazon shares slipped in after-hours trading yesterday as investors re-evaluated the company's spending on AI.

Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its AI investments.

Amazon shares fell 4% in Frankfurt on Friday a day after the retailer's results showed weakness in its cloud computing unit ...