In the fourth quarter, Amazon reported spending $27.8 billion on property and equipment, significantly higher than the same period in 2023. During a call with analysts on Thursday, Amazon CEO Andy ...
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 ...
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 is the latest tech giant to announce a massive AI spending plan, with well over $100 billion in predicted capital ...
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 ...
Q4 2024 Earnings Conference Call February 6, 2025 5:00 PM ETCompany ParticipantsDave Fildes - VP of IRAndy Jassy - ...
Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its spending spree ...
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 CEO Andy Jassy says the trends represented by DeepSeek should stoke AI demand long-term. (GeekWire File Photo / Taylor ...
Amazon's strong holiday sales pushed quarterly profits and revenue above expectations, but its first-quarter forecast fell short of estimates.
The retail giant forecast first-quarter operating income would miss analysts’ expectations, and that overall sales would ...