Jassy told analysts on an earnings call Thursday that Amazon will spend around $100 billion or more on capital expenses in ...

2024 was also the year when Amazon’s ad revenue crossed the $50 billion mark; Jassi said it is a $69 billion annual revenue ...

Amazon is the latest tech giant to announce a massive AI spending plan, with well over $100 billion in predicted capital ...

DeepSeek has prompted investors to take a closer look at the AI spending plans of the world's biggest tech companies.

Live Updates Make sure to refresh this page periodically for updates. Amazon Addresses DeepSeek 2:36 pm A Wall Street analyst ...

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 - ...

The retail giant forecast first-quarter operating income would miss analysts’ expectations, and that overall sales would ...

What happens when nearly 20,000 tons of toxic waste are buried beneath a neighborhood? In the early 1940s, Hooker Chemical Company turned Love Canal into a chemical dumpsite, leading to one of the ...

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 ...

Amazon reported $17.3 billion in advertising sales for Q4 2024, an increase of 18% -- which fell short of Wall Street ...