Amazon’s profit is suddenly going through the roof, fueling CEO Andy Jassy’s $100 billion AI spending spree to fight Google and Microsoft
The massive capex comes as Amazon's cloud and AI rivals up their spending. Google-parent company Alphabet, said on its most recent earnings call that it expects to spend $75 billion on capital ...
The Financial Express20m
Amazon shares fall 2.5% in pre-market. 2 reasons why Nasdaq-listed AMZN stock is falling…
Amazon (AMZN) listed on Nasdaq closed at $238.83 on Thursday, almost 1.13% higher than previous day’s close. However, in the ...
Amazon Posts Solid Earnings. That’s Where the Good News Ends.
Fourth-quarter results beat Wall Street estimates but the company’s revenue outlook for the first quarter fell shy of ...
Amazon shares plunge after tech giant misses sales expectations
Amazon's cloud computing arm, Amazon Web Services, reported fourth-quarter revenue of $28.7bn (£23.1bn), just below Wall ...
Amazon slips as slowdown in cloud growth weighs on sales forecast
(Reuters) -Amazon shares dipped 3.3% in premarket trading on Friday after the online retailer's cloud growth fell short of ...
Is It Too Late to Buy Spotify Stock After Its Whopping 180% Gain Over the Past Year?
The stock can also be valued using the price-to-sales (P/S) ratio, which divides a company's market capitalization by its annual revenue. Spotify's P/S ratio just hit a new all-time high of 7.8, which ...