Amazon’s quarterly profits soar to a record $20 billion, but cloud growth comes up short
Amazon's beat Wall Street's overall expectations with $187.8 billion in net sales, up 10%, and came in well ahead on the bottom line, with earnings of $1.86 per share, vs. expectations of $1.48 for the fourth quarter.
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Amazon CEO Andy Jassy says the trends represented by DeepSeek should stoke AI demand long-term. (GeekWire File Photo / Taylor ...
Amazon Web Services is grappling with capacity constraints due to AI chip shortages, impacting growth despite strong demand.
Key Takeaways Amazon said it expects to spend over $100 billion in capital expenditures this year, with the "vast majority" ...
Amazon joined Microsoft and Google parent Alphabet in posting slowing cloud growth in last year’s fourth quarter.
Amazon sees AI as a "once in a lifetime" opportunity, according to Jassy. "AI represents, for sure, the biggest opportunity ...
Amazon Web Services will look beyond Columbus, where energy supply is constrained, to expand its data centers in the state. Amazon's AI chip strategy focuses on customer choice, not competing ...
Amazon Web Services (AWS) said it has benchmark tested support for up to 100 million concurrent users (CCU) for a single game.
While Amazon Web Services remained a key growth driver, the company provided a cautious first-quarter forecast that could potentially pressure its stock price in the ...
The Seattle-based e-commerce and technology company said its revenue for the October-December period totaled $187.8 billion, ...
However, Carvana's stock subsequently bounced back to about $255 as of this writing. A $10,000 investment in the stock at its ...
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