Amazon, Microsoft say they can’t keep up with AI demand, could face capacity constraints
Despite Amazon’s plans to invest nearly $100 billion in cloud infrastructure this year, CEO Andy Jassy has cautioned that ...
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Andrea Mitchell Retires MSNBC Anchor Chair After 17 Years amid Flurry of Political Journalism Shake-Ups NBA trade deadline ...
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 ...
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Amazon shares fall 2.5% in pre-market. 2 reasons why Nasdaq-listed AMZN stock is falling…
Amazon (AMZN) listed on Nasdaq closed at $238.83 on Thursday, almost 1.13% higher than previous day’s close. However, in the ...
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 ...
Amazon Posts Solid Earnings. That’s Where the Good News Ends.
Fourth-quarter results beat Wall Street estimates but the company’s revenue outlook for the first quarter fell shy of ...