CEO Andy Jassy acknowledged that Amazon must sacrifice short-term profits by spending heavily on AI infrastructure that may ...

AWS will support Comviva in building a cloud-first, AI-driven business strategy to achieve faster time to market and drive ...

AWS’s robust growth, especially in AI and cloud services, strengthens Amazon’s revenue and positions it as cloud ...

Amazon (AMZN) stock closed over 6% higher on Friday, Nov. 1, following the company’s stellar third quarter (Q3) financials.

Amazon stock saw its best day in nine months on Friday. It climbed as much as 7.6% to $200.50, its steepest intraday gain ...

Heavy investments in A.I. infrastructure like data centers are “useful assets” that will operate for 20 to 30 years, CEO Andy Jassy said.

Today, Amazon leads the group in cloud market share with 31% of the market ... on AI and other tech advancements—though expected to drive future growth—have been flagged as a point of concern ...

Amazon AWS's strategic positioning in AI and custom chip adoption has bolstered its market leadership. Read why I maintain my ...

Nutanix partners with AWS to streamline cloud migration, enabling on-premises customers to access AWS services via Nutanix ...

Meta Platforms reports Oct. 30 after the market close. One of the most important metrics to watch in the third-quarter earnings is spending guidance. It seems l ...

It is a multinational technology company relying on e-commerce, cloud ... and drive growth for other divisions. Far from focusing narrowly and exclusively on retail e-commerce, Amazon has also ...

The Q3 earnings season for the tech giants has been a mixed bag. While some managed to impress investors with their performance and outlook, ...