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Amazon, cloud computing

Amazon shares fall 4% after cloud unit reports weaker-than-expected growth

Amazon shares fell 4% in Frankfurt on Friday a day after the retailer's results showed weakness in its cloud computing unit and it forecast and lower-than-expected first-quarter revenue and profit.

GeekWire · 8h

Amazon’s quarterly profits soar to a record $20 billion, but cloud growth comes up short

Amazon's beat Wall Street's overall expectations with $187.8 billion in net sales, up 10%, and came in well ahead on the bottom line, with earnings of $1.86 per share, vs. expectations of $1.48 for the fourth quarter.

SiliconANGLE · 8h

Amazon’s stock drops as cloud revenue comes up short and it doubles AI spending

Wall Street’s expectations on fourth-quarter earnings and revenue today, but sales in its all-important cloud computing business came up short, and guidance for the current quarter was light. As a result,

Amazon, AI and Google

Hosted on MSN · 4h

Amazon’s profit is suddenly going through the roof, fueling CEO Andy Jassy’s $100 billion AI spending spree to fight Google and Microsoft

Jassy told analysts on an earnings call Thursday that Amazon will spend around $100 billion or more on capital expenses in 2025, up at least 20% from 2024. The "vast majority" of

Investopedia on MSN · 6h

Amazon Follows Google, Meta, and Microsoft With Plans To Boost Spending on AI

Key Takeaways Amazon said it expects to spend over $100 billion in capital expenditures this year, with the "vast majority" going to AI for Amazon Web Services.The company is the latest Big Tech firm to announce it's boosting expected AI infrastructure spending this year.

TechCrunch on MSN · 8h

Amazon doubles down on AI with a massive $100B spending plan for 2025

Amazon Reports Strong Earnings for Q4

The Associated Press on MSN · 10h

Amazon reports strong earnings for Q4, but stocks dip due to guidance for the 1st quarter

The Seattle-based e-commerce and technology company said its revenue for the October-December period totaled $187.8 billion, a 10% jump compared to the same period in 2023. Profits came out to $20 billion while earnings per share reached $1.86, higher than the $1.49 that analysts surveyed by FactSet had anticipated.

Deadline on MSN · 10h

Amazon Q4 Earnings Clear The Bar In Strong Holiday Showing, But Stock Sags Due To Outlook For Q1

Amazon delivered a strong set of financial results in the fourth quarter, with revenue in the holiday span rising 10% from a year ago to $187.8 billion and earnings nearly doubling to $1.86. Shares in the tech giant slumped on the earnings news,

uk.investing.com on MSN · 9h

Amazon reports better-than-expected Q4 results, but soft revenue guidance weighs

Investing.com - Amazon.com reported softer revenue guidance for the current quarter on Thursday, offsetting fourth-quarter results that beat analysts' forecasts as the tech giant's cloud growth met expectations and growth in North America improved.

Amazon Says Profits Rose 88% but Cautions Growth May Slow

The company’s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors.

9hon MSN

Upcoming Amazon event invite teases a new AI-powered Alexa

Invites went out for an Amazon event in New York City on February 26, and all clues point to an Alexa AI announcement.

14hon MSN

Score Amazon Echo Buds for 61% off and get your groove on

SAVE $85: As of Feb. 6, get the Amazon Echo Buds for $54.99, down from their usual price of $139.99, at Amazon. That's a ...

14hon MSN

Amazon’s Whole Foods asks labor agency to set aside results of union win at Philadelphia store

Amazon-owned Whole Foods is asking the National Labor Relations Board to set aside the results of a union election that led ...

12h

3 comedies on Amazon Prime Video you need to watch in February 2025

Reese Witherspoon, Jack Black, Anne Hathaway, and Meryl Streep star in three comedies on Amazon Prime Video you need to watch ...

CNET on MSN14h

Amazon's Alexa Set for Major AI Upgrade: Here's What to Expect

If announced, this would mark Alexa's most significant evolution since its debut in 2014. Although Amazon has long been a ...

15hon MSN

Amazon's Alexa Set For Radical Overhaul: What to Know

Alexa is set to receive a reboot powered by generative artificial intelligence, which "could be risky" for Amazon.

13h

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 ...

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Amazon Reports Strong Earnings for Q4

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