Amazon has outperformed analysts' expectations in its quarterly earnings report released on Tuesday, maintained by the growing interest in artificial intelligence (AI) and strong cloud-computing ...
Amazon will report first-quarter earnings on Tuesday after the closing bell. Investors will be watching for updates on the company's cloud-computing business, as well as for insights into how ...
While the quarterly results exceeded Wall Street's estimates, Amazon's stock experienced an increase of less than 2 per cent in extended trading, following a below-expectation revenue forecast for the ...
(Reuters) -Amazon.com forecast second-quarter revenue below Wall Street expectations on Tuesday, as it expects tepid spending from cost-conscious businesses on its cloud computing services. The ...
Amazon on Tuesday reported strong results for the first quarter, driven by growth in its cloud-computing unit and new advertising dollars from its Prime Video streaming service. The Seattle-based ...
Amazon is struggling to develop AI chips that can rival Nvidia's standard chips. To cut costs, Amazon is developing its own ...
Amazon Fresh announced Thursday it would slash prices of 4,000 grocery products, following a similar strategy of other ...
It will apply to big firms, including those with a global turnover of over $30 billion and whose digital services have at ...
For The Drum’s retail focus week, Tambo’s Jake Hewlett looks at the macro struggles facing retailers and advertisers – and ...
Amazon is in talks with the Italian government about a multi-billion-euro investment to expand data centres in Italy.
When I last looked, Amazon management faced serious challenges in Q1 2022, but has addressed them successfully; operating income, operating margin, and cash flows are expanding rapidly. The ...