We believe Amazon is financially sound. Revenue is growing rapidly, margins are expanding, the company has unrivaled scale, and the balance sheet is in great shape. In our view, the marketplace will ...
The tech layoffs can be attributed to factors including market instability, tightened budgets, and the need to adapt to changing industry conditions, especially with artificial intelligence (AI) ...
The tech giant's ad revenue grew by 18 percent in its latest quarter, as did overall sales and operating income.
Investors still worrying about chip stocks in light of fears of lower spending on AI can breathe a sigh of relief now that Amazon has joined in with three other Big Tech companies committed to massive ...
The company plans to allocate a record amount to capital expenditures to build artificial-intelligence infrastructure.
In its earnings report on Thursday, Amazon said the strong dollar is weighing on revenue, signaling the company is ...
Stocks turned lower on Thursday as a wave of corporate earnings failed to impress. The Dow Jones Industrial Average slipped ...
Amazon.com is due to report earnings after the close. It is the last of the $1 trillion-plus tech companies to report this ...