Investors still worrying about chip stocks in light of fears of lower spending on AI can breathe a sigh of relief now that Amazon has joined in with three other Big Tech companies committed to massive ...
Amazon said it expects to spend over $100 billion in capital expenditures this year, making it the latest tech giant to say it's ramping up investments in artificial intelligence infrastructure.
In its earnings report on Thursday, Amazon said the strong dollar is weighing on revenue, signaling the company is ...
The company’s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors.
Amazon.com posted sales in last year's final quarter that topped Wall Street estimates, but investors initially drove shares ...
Amazon.com shares slipped Thursday after it projected weaker-than-expected sales for the first quarter, even as it spent a record amount on capital expenditure to build infrastructure for ...
Individual investors have curbed their enthusiasm in recent weeks amid new tariffs imposed by the Trump administration on China and concerns that those will lead to escalating tensions and another ...
Bank of Montreal (BMO) is joining International Business Machines Corp.’s (IBM) quantum network and building its own team of scientists in a bid to accelerate innovation in areas including ...
The company’s historical reluctance to engage in military AI projects stems from employee-led protests in 2018, when workers ...
Revenue: Analysts tracked by FactSet expect $187.3 billion in revenue, up from $170.0 billion a year before. The FactSet consensus calls for 8.6% growth in North America revenue to $114.6 billion, 9.7 ...