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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, ...
Amazon's cloud and ad divisions are key contributors to its record profit. But the tech giant keeps the full picture murky.
The company’s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors.
Amazon joined Microsoft and Google parent Alphabet in posting slowing cloud growth in last year’s fourth quarter.
Amazon (AMZN) will likely be under pressure to deliver strong cloud computing results in its fourth-quarter earnings report ...
AWS has not been able to match the growth of Amazon’s competitors, with Microsoft Corp.’s Azure and Alphabet Inc.’s Google ...
CEO Andy Jassy said growth at the e-commerce and cloud service giant has been hampered by bottlenecks in computing and power ...
Amazon.com Inc. shares have largely climbed on the back of two trends: strength in its cloud business and a focus on costs.
Shares of cloud computing and online retail behemoth Amazon (NASDAQ:AMZN) fell 7.1% in the afternoon session after the ...
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