Developing AI technology is not cheap at all. It costs billions of dollars to train AI models, and this is why most of the ...

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

Amazon.com eliminated a reference to "inclusion and diversity" in its annual report filed on Thursday, after telling ...

The latest consumer sentiment data showed near-term inflation expectations rose to their highest level since November 2023.

Amazon’s (AMZN) latest earnings report sent its stock price down in today’s trading, but Wall Street analysts remain bullish ...

Amazon's retail business is flourishing, but its cloud business AWS is growing more slowly than the competition. The forecast ...

The shopping group's sales increase in all areas and profits rise even more strongly. Investors are pleased with the exceeded ...

Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its AI investments.

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 ...

Amazon is the latest tech company to remove references to “inclusion and diversity” from its 10-K report. The filing has ...

The company will keep fueling infrastructure spend to support AI and cloud, amid what CEO Andy Jassy described as a ...