Amazon shares jumped 10% on Thursday as the company’s third quarter numbers beat Wall Street forecasts on the top and bottom ...
Amazon’s results suggest that its AI-driven cloud strategy is beginning to pay off, even as the company undergoes one of its most significant cultural and structural resets in years ...
AWS’s record Q3 earnings were attributed to a strong momentum in enterprises using the cloud service for AI workloads.
Cloud business re-accelerates 20% YoY; Andy Jassy credits AI-led gains across units even as one-time legal and severance ...
Amazon.com Inc.'s (NASDAQ:AMZN) massive artificial intelligence push took a major step forward as its Project Rainier supercomputer, powered by nearly 500,000 Trainium2 chips, officially went live.
Live Updates Live Coverage Updates appear automatically as they are published. Get The Best Amazon Live Earnings Coverage ...
Strong performance of Amazon’s cloud business soothed investor fears of an AI bubble. Read more at straitstimes.com. Read ...
“Amazon has a deep moat around their core businesses driven by their unmatched scale and appears to have numerous healthy organic revenue growth opportunities driven primarily by their high-margin AWS ...
Amazon also saw its free cash flow fall to $14.8 billion, compared to $47.8 billion in Q3 2024, "driven primarily by a ...
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