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Apple’s failure to capitalise on AI is particularly important to investors, who are calling for a dramatic pivot in strategy.
Amazon reported a 35 per cent jump in quarterly profits Thursday as the e-commerce giant said major investments in artificial intelligence began ...
Big Tech is spending more than ever on artificial intelligence – but the returns are rising too, and investors are buying in. AI played a bigger role in driving demand across internet search, digital ...
From the question of where Amazon is in the AI race to forecasts for the next quarter, here are four key takeaways from the Q2 earnings call.
Q2 2025 Management View Andy Jassy, CEO, highlighted $167.7 billion in revenue, up 12% year-over-year, and operating income of $19.2 billion, up 31% year-over-year. He noted, “We saw good progress ...
Amazon’s stock price had already been dropping in after-hours trading on Thursday despite better-than-expected results when Morgan Stanley analyst Brian Nowak prefaced his questions on an earnings ...
Tech giants Amazon, Apple, Meta and Microsoft this week eclipsed earnings expectations, cashing in on artificial intelligence ...
The CMA determined that "competition is not working well" and has shared recommendations to solve the situation. An independent CMA panel found the cloud services market to be “highly concentrated,” ...
What a day! Apple surprised with a much better quarter than it had projected, lifting revenue in the June quarter 10%, thanks to 13% higher iPhone revenue, the best iPhone quarter in four years.
On an earnings conference call, analysts asked tough questions about cloud growth and AI rivals. Jassy's answers didn't quell the worries.
Amazon.com CEO Andy Jassy talked about AI, AWS, Microsoft’s cloud business, tariffs and more on Thursday’s Q2 2025 earnings call.
Amazon is spending a fortune on AI infrastructure and CEO Andy Jassy sees a new way to pay for it with Alexa+.