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 ...

For the latest fiscal year, Walmart’s annual revenue is expected to approach $681 billion. Amazon is rapidly catching up, with estimated full-year revenue for 2024 projected to be around $638 ...

Amazon's beat Wall Street's overall expectations with $187.8 billion in net sales, up 10%, and came in well ahead on the ...

Amazon maintains a strong balance sheet and operating income. Learn why AMZN stock is a buy, positioned well for continued ...

Amazon's cloud and ad divisions are key contributors to its record profit. But the tech giant keeps the full picture murky.

Amazon is likely to experience a first when it reports earnings Thursday evening. Analysts predict the company’s quarterly revenue will surpass ... 12 months leading up to August 2024.

While that could appear drastic, Amazon sees it as crucial and necessary. Jassy has repeatedly said that the AI opportunity ...

Amazon's Q4 earnings were strong, but risks remain for 2025. Find out why AMZN stock is still a good buy, with a focus on AI ...

Amazon has dethroned Walmart as the top retailer by quarterly revenue. E-commerce boom and cloud computing growth propelled Amazon's historic overtaking. X / Ken Hughes @KenHughesIE Walmart ...

Despite the drop, Amazon’s stock remains up about 4% in 2025, while Microsoft and Alphabet have both slipped 3%. Amazon Web Services (AWS), the company’s cloud arm, reported $28.79 billion in revenue ...

UPS’s CEO says the company is cutting back its shipping for Amazon by 50 percent.

Amazon.com Inc.’s cloud business has grown ... The company wouldn’t be spending up to procure more capacity if it didn’t have a strong long-term read on demand, according to Jassy.