The hyperscalers are upping their capex spending, and Amazon (NASDAQ:AMZN) is no exception. The online bookseller turned ...
Photo: CCTV+ Amazon is the latest large tech company to unveil big spending plans for AI, even as some investors are starting to question whether the spending spree is prudent.
Amazon reported fourth-quarter earnings that topped analysts' estimates. However, its revenue outlook for the first quarter missed projections. Amazon said the forecast reflects "an unusually ...
Amazon said it will continue spending billions of dollars on AI infrastructure and signaled that it's not afraid of cheaper competitors during its call on Thursday. CFO Brian Olsavsky indicated ...
Amazon is slated to report its fourth-quarter results after the market closes Thursday, with analysts overwhelmingly bullish on the tech titan's stock.
Amazon shares have increased roughly 5.8% in the previous month, reflecting investing optimism ahead of the earnings report.
Overall earnings for the period smashed Wall Street expectations, but Amazon forecast Q1 sales below analyst estimates. The Q4 ad revenue figure fell short of analyst expectations of $17.4 billion ...
Amazon is increasing margins in shipping through layoffs and automation, which is lifting the overall earnings for the ...
The Price to Earnings ratio of 38.39 is 0.98x lower than the industry average, indicating potential undervaluation for the ...
"While unwelcome, volatility is common in semi stocks and does not always presage a fundamental shift," Bank of America said.
Amazon.com AMZN1.13%increase; green up pointing triangle shares slipped Thursday after it projected weaker-than-expected sales for the first quarter, even as it spent a record amount on capital ...