With annual profits almost doubling from £24.4billion to £47.6billion, Amazon chief executive Andy Jassy said the quarter ...

Amazon on Thursday reported its fourth-quarter net income doubled to $20 billion, with net sales rising 10 percent to $187.8 ...

E-commerce behemoth Amazon.com (AMZN) is betting big on AI (artificial intelligence), with a planned $100 billion in capital expenditures in ...

Amazon cautions investors over cloud capacity troubles in 2025. The company believes it may fail to meet customer demand for its cloud computing devices despite planning to spend roughly $100 billion ...

Amazon (NASDAQ:AMZN) shares fell over 4% in extended trading on Thursday, wiping out nearly $90 billion in market value. The ...

Amazon is expected to face legal action from a Canadian union after the company’s plan to wind down warehouse operations in ...

The tech giant's ad revenue grew by 18 percent in its latest quarter, as did overall sales and operating income.

Amazon has once again delivered a record-breaking quarter, with the company's revenue reaching $187.8 billion in Q4 2024, up 10% year-over-year. According to Andy Jassy, CEO of Amazon, the company's ...

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

Investors still worrying about chip stocks in light of fears of lower spending on AI can breathe a sigh of relief now that Amazon has joined in with three other Big Tech companies committed to massive ...

Amazon shares lost ground in extended trading on Thursday after the tech giant reported cloud computing revenue below expectations and issued a tepid current quarter outlook. Monitor these key ...

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 ...