Amazon’s chief executive had predicted the company would spend more in 2025 than the roughly $83 billion it spent last year.
The pressure is on Amazon.com to deliver on lofty expectations for cloud computing in its fourth-quarter results on Thursday, ...
Key Takeaways Amazon shares lost ground in extended trading on Thursday after the tech giant reported cloud computing revenue ...
AWS has not been able to match the growth of Amazon’s competitors, with Microsoft Corp.’s Azure and Alphabet Inc.’s Google ...
The company’s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors.
CEO Andy Jassy said growth at the e-commerce and cloud service giant has been hampered by bottlenecks in computing and power ...
Amazon (AMZN) will likely be under pressure to deliver strong cloud computing results in its fourth-quarter earnings report ...
Amazon.com Inc. shares have largely climbed on the back of two trends: strength in its cloud business and a focus on costs.
Amazon shares fell after the e-commerce and cloud company's sales outlook missed analysts' expectations. Some key figures for last quarter: Earnings came in at $1.86 a share, about 25% above analyst ...
Shares of cloud computing and online retail behemoth Amazon (NASDAQ:AMZN) fell 7.1% in the afternoon session after the ...
Amazon.com Inc. warned investors that it could face capacity constraints in its cloud computing division despite plans to ...