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 ...

A new AI-powered platform is already helping NFL and other sports teams better engage with fans and optimize revenue potential.

Amazon (AMZN), and Google parent Alphabet (GOOG) are expecting to spend a cumulative $325 billion in capital expenditures and investments in 2025 driven by a continued commitment to building out ...

There is a bit of AI spending one-upmanship going on among the hyperscalers and cloud builders – and now the foundation model ...

Amazon may have edged out retail giant Walmart in terms of quarterly revenue with its fourth-quarter earnings released ...

Google parent Alphabet, Amazon, Meta, and Microsoft have all deepened their AI commitments for the fiscal year 2025.

The stock can also be valued using the price-to-sales (P/S) ratio, which divides a company's market capitalization by its annual revenue. Spotify's P/S ratio just hit a new all-time high of 7.8, which ...

Futures linked to Wall Street's main indexes were subdued on Friday as investors avoided large bets prior to the crucial ...

With annual profits almost doubling from £24.4bn to £47.6bn, Amazon chief executive Andy Jassy said the quarter 'was the most ...

Amazon Web Services (AWS) reports full-year results and reveals capital expenditure toll the AI boom will take on its business in 2025 ...

We believe Amazon is financially sound. Revenue is growing rapidly, margins are expanding, the company has unrivaled scale, and the balance sheet is in great shape. In our view, the marketplace will ...

2024 was also the year when Amazon’s ad revenue crossed the $50 billion mark; Jassi said it is a $69 billion annual revenue ...