Amazon, Microsoft say they can’t keep up with AI demand, could face capacity constraints
Despite Amazon’s plans to invest nearly $100 billion in cloud infrastructure this year, CEO Andy Jassy has cautioned that ...
The Financial Express42m
Amazon shares fall 2.5% in pre-market. 2 reasons why Nasdaq-listed AMZN stock is falling…
Amazon (AMZN) listed on Nasdaq closed at $238.83 on Thursday, almost 1.13% higher than previous day’s close. However, in the ...
Amazon’s profit is suddenly going through the roof, fueling CEO Andy Jassy’s $100 billion AI spending spree to fight Google and Microsoft
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 ...
Amazon says it is now the top corporate purchaser of renewable energy in Europe
Amazon has boldly declared it is now the “top corporate purchaser of renewable energy in Europe,” giving it another string to its bow against Microsoft and Google.
Amazon shares plunge after tech giant misses sales expectations
Amazon's cloud computing arm, Amazon Web Services, reported fourth-quarter revenue of $28.7bn (£23.1bn), just below Wall ...
Amazon Posts Solid Earnings. A Cloud Miss and Weak Outlook Are Hurting the Stock.
Revenue for the quarter reached $187.8 billion, against expectations of $187.3 billion, and up 10% on the year.Amazon’s ...