According to Fortune Business Insights, the cloud computing market could still grow at a compound annual growth rate (CAGR) ...
Nvidia has been the big artificial intelligence (AI) winner so far, but these two companies might have better long-term ...
Sheets Smith Wealth Management raised its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.7% in the 4th quarter, ...
White Pine Investment CO increased its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 1.9% during the 4th quarter, according to ...
The expected $100 billion annual capex, up from $83 billion last year, also includes e-commerce warehouses and offices.
The massive capex comes as Amazon's cloud and AI rivals up their spending. Google-parent company Alphabet, said on its most recent earnings call that it expects to spend $75 billion on capital ...
The e-commerce giant is pulling ahead of rivals in the AI investment race with plans for more than $100 billion in capital expenditures this year.
Amazon’s (AMZN) latest earnings report sent its stock price down in today’s trading, but Wall Street analysts remain bullish ...
Amazon’s chief executive had predicted the company would spend more in 2025 than the roughly $83 billion it spent last year.
Amazon stock fell Friday after the tech giant’s fourth-quarter results on Thursday afternoon presented a mixed picture of the ...
Amazon CEO Andy Jassy revealed to investors Thursday that the company plans to spend more than $100 billion in capital expenditures on AWS and AI development in 2025.
Amazon's beat Wall Street's overall expectations with $187.8 billion in net sales, up 10%, and came in well ahead on the ...