CEO Andy Jassy said to expect "a lot of leapfrogging" between Amazon and its AI rivals. The $26.3 billion Amazon spent on ...

E-commerce giant Amazon reported strong earnings on Thursday but, like its big tech peers Microsoft and Google, saw its stock ...

CEO Jassy said the supply of chips — from third parties and Amazon’s own chip design unit — and power capacity are limiting ...

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's Sydney office mulls swapping the Yellow Tail for Penfolds in its fridges on the back of these impressive numbers.

In the fourth quarter, Amazon reported spending $27.8 billion on property and equipment, significantly higher than the same ...

Amazon beat expectations for revenue and earnings for the fourth quarter, but it predicts slower growth in the next quarter.

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 - ...

AWS's growth is slowed by AI chip shortages and server constraints, CEO Andy Jassy said, as the company plans significant capital investment.

Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its spending spree ...