Zawya6m
Amazon's Q4 Results: Mixed performance as AI investments signal long-term growth potential
UAE, Amazon’s Q4 earnings for 2024 were a mixed bag, with strong year-over-year revenue growth but a disappointing outlook ...
Amazon pours fuel on Big Tech spending after DeepSeek panic
The e-commerce giant is pulling ahead of rivals in the AI investment race with plans for more than $100 billion in capital expenditures this year.
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 ...