Amazon stock fell Friday after the tech giant’s fourth-quarter results on Thursday afternoon presented a mixed picture of the ...
Nvidia (NVDA) shares remained under pressure on Friday, slipping 0.5% in mid-day trading, despite Amazon.com Inc. (AMZN) ...
Amazon has agreed to pay nearly $4 million to settle charges that the e-commerce company subsidized its labor costs by taking ...
The 2022 lawsuit was filed to penalize Amazon for withholding more than $60 million from Flex drivers.
CEO Andy Jassy said growth at the e-commerce and cloud service giant has been hampered by bottlenecks in computing and power ...
The company posted its Q4 2024 quarterly earnings results this week, which rounded out another strong quarter for its Amazon ...
Amazon.com Inc. warned investors that it could face capacity constraints in its cloud computing division despite plans to invest some $100 billion this year, with most of the money going toward data ...
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 ...
In the fourth quarter, Amazon reported spending $27.8 billion on property and equipment, significantly higher than the same period in 2023. During a call with analysts on Thursday, Amazon CEO Andy ...
Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its spending spree on AI services.