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An increase in Amazon Web Services spending cut into the cloud giant’s profits in the second quarter as AWS raced to meet ...
Follow-up: Amazon Web Services profits squeezed as AI arms race drives spending surge Amazon beat estimates for its ...
The tech giant expects total net sales to be between $174.0 billion and $179.5 billion in the third quarter, compared with ...
Heavy AI spending weighed on profit expectations. Amazon projected that operating income in the third quarter would be ...
Amazon saw an increase in profits in Q2 compared to 2024. Washington Congressman Michael Baumgartner paid tribute this week ...
Amazon reported a 35 percent jump in quarterly profits Thursday as the e-commerce giant said major investments in artificial ...
The company’s quarterly sales results exceeded Wall Street’s expectations.
From the question of where Amazon is in the AI race to forecasts for the next quarter, here are four key takeaways from the ...
Amazon.com shares AMZN.O fell 7% on Friday as the tech giant's results fanned investor fears its cloud unit was falling ...
Amazon.com failed to live up to lofty expectations for its Amazon Web Services cloud computing unit after rivals handily beat ...
Revenue and earnings beat expectations, but all that growth is coming at a price.