Operating profit will be $15.5 billion to $20.5 billion in the period ending in September, compared with an average estimate ...

During Amazon's earnings call, an analyst asked CEO Andy Jassy for his response to the notion on Wall Street that the company was falling behind on generative AI development. Jassy, in response, said ...

CNBC’s MacKenzie Sigalos reports on Amazon’s move to raise its quarterly capital spending to $31.4 billion, setting an annualized pace above $118 billion and escalating the hyperscaler race against ...

AWS represents a small part of Amazon’s total revenue, but it is a key driver of profits, typically accounting for about 60% ...

A profit of US$18.2 billion signals the e-commerce giant’s resilience under Donald Trump’s tough global trade policy.

Amazon posted higher fiscal second-quarter profit and sales, underscoring its resilience despite tariff uncertainty.

Stock dips despite solid results. Discover why long-term prospects remain strong with robust retail, cloud, AI & a 15.2% CAGR forecast.

Amazon reported a 35 percent jump in quarterly profits Thursday as the e-commerce giant said major investments in artificial ...

Maybe AI is still in its early days. But big tech has already plowed hundreds of billions of dollars into the technology. It chews up lots of energy. But despite some predictions of a bubble, Jassy on ...

Amazon's quarterly profits jumped 35% due to AI investments.

Amazon, Anthropic, Apple, Google, and OpenAI are among the companies making commitments. Some analysts argue health info could be at risk.

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,” ...