Amazon shares plunge after tech giant misses sales expectations
Amazon's cloud computing arm, Amazon Web Services, reported fourth-quarter revenue of $28.7bn (£23.1bn), just below Wall ...
1 Magnificent Stock That Could Join Nvidia, Microsoft, and Apple in the $3 Trillion Club
Eight American technology companies joined the exclusive $1 trillion club since Apple blazed the trail in 2018, but only ...
Amazon’s profit is suddenly going through the roof, fueling CEO Andy Jassy’s $100 billion AI spending spree to fight Google and Microsoft
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 ...