Amazon’s chief executive had predicted the company would spend more in 2025 than the roughly $83 billion it spent last year.
The pressure is on Amazon.com to deliver on lofty expectations for cloud computing in its fourth-quarter results on Thursday.
Amazon's cloud and ad divisions are key contributors to its record profit. But the tech giant keeps the full picture murky.
The company’s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors.
Amazon.com Inc. shares have largely climbed on the back of two trends: strength in its cloud business and a focus on costs.
Amazon (AMZN) will likely be under pressure to deliver strong cloud computing results in its fourth-quarter earnings report ...
Amazon joined Microsoft and Google parent Alphabet in posting slowing cloud growth in last year’s fourth quarter.
Amazon.com Inc. warned investors that it could face capacity constraints in its cloud computing division despite plans to ...
Tech giants Google, Amazon, Meta, and Microsoft are collectively investing $320 billion in AI this year, fuelling an ...