Amazon topped expectations in its fourth-quarter earnings. However, its disappointing guidance deepened concerns about a ...

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

Amazon.com investors drove shares down sharply on Wall Street last night due to weakness in the retailer's cloud computing ...

The Google parent company’s revenue growth probably slowed in the Christmas quarter due to a slowdown in its advertising and ...

Alphabet CEO Sundar Pichai said the company is planning another big year of spending as it continues to build out its artificial intelligence offering. TakeAway Points: Sundar Pichai, the CEO of ...

Some fund managers and ASX ETF index managers are only investing in some of the US Mag 7 stocks. The post Invested in the ...

Investors still worrying about chip stocks in light of fears of lower spending on AI can breathe a sigh of relief now that Amazon has joined in with three other Big Tech companies committed to massive ...

But after posting a record-breaking $20 billion in profits during the fourth quarter of 2024 alone, almost double its $10.6 ...

Amazon said it expects to spend over $100 billion in capital expenditures this year, making it the latest tech giant to say it's ramping up investments in artificial intelligence infrastructure.

In its earnings report on Thursday, Amazon said the strong dollar is weighing on revenue, signaling the company is ...

The company’s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors.