Amazon's outlook underwhelms as tech giant forecasts 'lumpy' cloud growth in years ahead
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 ...
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Amazon reports strong earnings for Q4, but stocks dip due to outlook for the 1st quarter
In the fourth quarter, Amazon reported spending $27.8 billion on property and equipment, significantly higher than the same ...
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Amazon falls short of Wall St expectations
Amazon (NASDAQ: AMZN) fell short of Wall St expectations overnight, with its share price losing more than 4% in after-market trading. The company’s stock is still 40% higher over the past 12 months.
Amazon doubles down on AI with a massive $100B spending plan for 2025
Amazon is the latest tech giant to announce a massive AI spending plan, with well over $100 billion in predicted capital ...
Amazon signals $151B to $155.5B Q1 revenue guidance with continued AI and logistics investments
Mark Mahaney, Evercore ISI: Asked about 2025 CapEx and AWS supply constraints. Jassy stated annualized CapEx of $26.3 billion in Q4 will likely continue in 2025, primarily driven by AI investments. He ...
Amazon.com, Inc. (AMZN) Q4 2024 Earnings Conference Call Transcript
Q4 2024 Earnings Conference Call February 6, 2025 5:00 PM ETCompany ParticipantsDave Fildes - VP of IRAndy Jassy - ...
Amazon CEO says cloud business would have grown faster if it had more AI chips, power, and server components
AWS's growth is slowed by AI chip shortages and server constraints, CEO Andy Jassy said, as the company plans significant capital investment.
Amazon expects $100 billion of capex in 2025 on ‘once-in-a-lifetime' AI opportunity
Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its spending spree ...
Amazon plans to spend $100 billion this year to capture ‘once in a lifetime opportunity' in AI
Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its spending spree on AI services.
Amazon on pace for $100B+ in yearly capex; Jassy expects cost efficiencies to drive AI demand
Amazon CEO Andy Jassy says the trends represented by DeepSeek should stoke AI demand long-term. (GeekWire File Photo / Taylor ...
Amazon projects profit to miss estimates, as AI spending ramps up
The retail giant forecast first-quarter operating income would miss analysts’ expectations, and that overall sales would ...