CEO Andy Jassy acknowledged that Amazon must sacrifice short-term profits by spending heavily on AI infrastructure that may ...

Amazon reported earnings that saw net sales come in stronger than Wall Street forecasts. The stock climbed 6% in after-hours ...

E-commerce giant Amazon reported stronger-than-expected third quarter results on Thursday, with significant growth in cloud computing and a return to profitability in its international segment.

Amazon reported a boost in its quarterly profits Thursday and exceeded revenue estimates, sending the company’s stock up in ...

Product sales were strong, but third-party seller services, advertising and subscriptions grew by double digits in the period ...

Officially, Amazon projects that net sales will grow between 7% and 11% YoY in the fourth quarter, with net sales expected to ...

It's still early in the AI race, and Amazon's slow start may not matter in the end. In fact, the company's third-quarter earnings report showed why the stock can keep moving higher even if Amazon ...

Amazon's net income has surged on the back of higher third-quarter sales, breaking the trend of a modest slowdown.

Amazon (AMZN) reported strong operating income and revenue in Q3, with solid guidance for the holiday quarter, leading to a 5 ...

Amazon advertising grew 19% to $US14.331 billion in the September quarter, representing slightly slower growth. However, this ...

Amazon analysts raise price targets for the stock and center in on AWS growth and the AI opportunity with advertising called ...

Tech giants are set to spend a staggering $200 billion on AI-related capital expenditures this year, according to Bloomberg's ...