Jassy told analysts on an earnings call Thursday that Amazon will spend around $100 billion or more on capital expenses in 2025, up at least 20% from 2024. The "vast majority" of ...

Amazon's beat Wall Street's overall expectations with $187.8 billion in net sales, up 10%, and came in well ahead on the ...

Amazon’s increased spending comes after a few years of cost-cutting from the company. Jassy announced layoffs in 2022 that ...

E-commerce giant Amazon reported Thursday its fourth-quarter net income nearly doubled to $20 billion, driven by strong ...

Amazon joined Microsoft and Google parent Alphabet in posting slowing cloud growth in last year’s fourth quarter.

For much of Amazon's early history, investors and competitors knocked the online retailer for its seeming inability to generate profits ... up their spending. Google parent company Alphabet ...

E-commerce giant Amazon reported Thursday its fourth ... matched the similar growth worries that hurt cloud rivals Microsoft and Google in the current earnings season. The division introduced ...