The expected $100 billion annual capex, up from $83 billion last year, also includes e-commerce warehouses and offices.
For the past couple of years, the Magnificent Seven stocks have had an amazing run. However, there have been a handful of ...
What Happened? Shares of cloud computing and online retail behemoth Amazon (NASDAQ:AMZN) fell 7.1% in the afternoon session after the company reported underwhelming fourth-quarter results: its revenue ...
Amazon shares fell after the e-commerce and cloud company's sales outlook missed analysts' expectations. Some key figures for last quarter: Earnings came in at $1.86 a share, about 25% above analyst ...
FY25 revenue growth guidance of 5%-9% is impacted by FX and extra sales days in the previous year. Click for my AMZN stock ...
The shopping group's sales increase in all areas and profits rise even more strongly. Investors are pleased with the exceeded ...
(Reuters) -Amazon.com shares fell 4% on Friday after the technology heavyweight's quarterly cloud computing revenue growth disappointed investors waiting for a bigger payoff from heavy spending on AI.
There is a bit of AI spending one-upmanship going on among the hyperscalers and cloud builders – and now the foundation model ...
Australia’s $2 billion Top Secret cloud is sorely needed by defence and intelligence agencies that have fallen years behind ...
Content Delivery Network (CDN) firm Edgio filed for bankruptcy last September, with its customer contracts acquired by larger ...
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 results echoed the slowdown at Microsoft and Alphabet-owned Google, and highlighted how U.S. cloud-computing giants were ...
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