Amazon shares lost ground in extended trading on Thursday after the tech giant reported cloud computing revenue below expectations and issued a tepid current quarter outlook. Monitor these key ...
US stock futures inched lower after Amazon (AMZN) joined Google (GOOG) and other AI-focused Big Tech companies with ...
In the fourth quarter, Amazon reported spending $27.8 billion on property and equipment, significantly higher than the same period in 2023. During a call with analysts on Thursday, Amazon CEO Andy ...
Good day, everyone, and welcome to the Amazon.com fourth quarter 2024 financial results teleconference. At this time, all ...
The company plans to allocate a record amount to capital expenditures to build artificial-intelligence infrastructure.
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.
Q4 2024 Earnings Conference Call February 6, 2025 5:00 PM ETCompany ParticipantsDave Fildes - VP of IRAndy Jassy - ...
Overall revenue for Amazon's latest quarter came in at $187.8 billion, while the FactSet consensus was for $187.3 billion. The company saw a 10% boost in North America sales, to $115.6 billion, and an ...
We had been on the trajectory for a rather uneventful day, upended temporarily by no real news but that which send market indexes into the red. The Nasdaq and S&P 500 bounced back and finished in the ...
Amazon's North American business, which drives the bulk of growth, saw revenue climb 10% to $115.6B year-over-year in Q4 and margins jumped 8%, which some on Wall Street flagged as big reason for the ...
Amazon reported major financial strides in Q4 2024, driven largely by AWS. The segment achieved a 19% sales growth to $28.8 billion, enhancing its operating income by 48% to $10.6 billion. Investments ...
Amazon (AMZN) stock is down 2% after the e-commerce company delivered better-than-expected financial results for the fourth quarter of 2024 but ...