For the past couple of years, the Magnificent Seven stocks have had an amazing run. However, there have been a handful of ...

Meta, Microsoft, Amazon, and Google parent Alphabet are expecting a cumulative $325 billion in capital expenditures in 2025, driven by their investments in artificial intelligence infrastructure.

Amazon says it expects to spend in excess of $100 billion this year, with the “vast majority” going straight into AI projects ...

The court concluded that the e-commerce giant told subscribers that it could alter or discontinue membership benefits at any time.

Amazon CEO Andy Jassy revealed to investors Thursday that the company plans to spend more than $100 billion in capital expenditures on AWS and AI development in 2025.

Amazon scrubs references to workforce diversity in annual report while CEO Andy Jassy celebrates Black History Month with ...

AWS has already embraced China’s DeepSeek R1 frontier model in Amazon Bedrock and Amazon SageMaker, Jassy told financial ...

"The most successful holiday shopping season yet": Jassy flagged the 10% growth in revenue, which came in ahead of ...

FY24 results met expectations, but weak Q1 guidance caused a dip. Learn why AMZN stock presents a potential buy-the-dip ...

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 ...

China's Xiaomi will explore ways to ramp up auto production capacity, CEO and founder Lei Jun said on his social media ...

AWS's growth is slowed by AI chip shortages and server constraints, CEO Andy Jassy said, as the company plans significant ...