In the fourth quarter, Amazon reported spending $27.8 billion on property and equipment, significantly higher than the same period in 2023. During a call with analysts on Thursday, Amazon CEO Andy ...
The company called out an ‘unusually large, unfavorable impact’ from currency, which is expected to hit first-quarter results.
Amazon has turned in better-than-expected Q4 2024 earnings results, driven by strong performances in AWS and international markets, though high capital expenses loom.
Revenue: Analysts tracked by FactSet expect $187.3 billion in revenue, up from $170.0 billion a year before. The FactSet consensus calls for 8.6% growth in North America revenue to $114.6 billion, 9.7 ...
Revenue: Analysts tracked by FactSet expect $187.3 billion in revenue, up from $170.0 billion a year before. The FactSet consensus calls for 8.6% growth in North America revenue to $114.6 billion, 9.7 ...
More efficient AI training approaches could reduce data center power requirements, make AI modelling more accessible and increase data storage and memory demand.