Amazon on pace for $100B+ in yearly capex; Jassy expects cost efficiencies to drive AI demand
Amazon CEO Andy Jassy says the trends represented by DeepSeek should stoke AI demand long-term. (GeekWire File Photo / Taylor ...
Amazon CEO Andy Jassy, impressed by DeepSeek, says “we thought that was…”
Amazon CEO Andy Jassy has expressed his admiration for Chinese AI startup DeepSeek, specifically praising its innovative ...
Amazon to invest billions of dollars into AI in 2025, reveals CEO Andy Jassy
Amazon is gearing up for a massive AI investment, with capital expenditures projected to exceed $100 billion in 2025 ...
Amazon stock falls after first quarter sales outlook disappoints
Amazon reported its fourth quarter earnings after the bell on Thursday, beating on the top and bottom line, but missing on Q1 ...
Amazon expects $100 billion of capex in 2025 on ‘once-in-a-lifetime' AI opportunity
Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its spending spree ...
Amazon Declines Nearly 3% In Friday Pre-Market: What's Going On?
The shares of e-commerce giant Amazon declined 2.65% in pre-market hours trading on Friday following the company's ...
Amazon earnings recap: Stock falls as guidance falls short, CFO indicates capex of more than $100 billion in 2025
Amazon's earnings call is today at 5 pm ET. AMZN stock heads into the report up 8% YTD. Investors are focused on cloud demand ...
Amazon shares slide as weak revenue outlook, AI spending rattle investors
Amazon joined Microsoft and Google parent Alphabet in posting slowing cloud growth in last year’s fourth quarter.
Amazon Q4 Ad Revenue Climbs 18% but Misses Wall Street Estimates, Total Profit Hits $20 Billion in Holiday Shopping Period
Amazon reported $17.3 billion in advertising sales for Q4 2024, an increase of 18% -- which fell short of Wall Street ...
Jassy says holiday shopping season ‘most successful yet for Amazon’
The holiday shopping season was the most successful yet for Amazon and we appreciate the support of our customers, selling partners, and employees who helped make it so. When we look back on this ...