The expected $100 billion annual capex, up from $83 billion last year, also includes e-commerce warehouses and offices.

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 ...

The e-commerce giant is pulling ahead of rivals in the AI investment race with plans for more than $100 billion in capital expenditures this year.

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

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

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's beat Wall Street's overall expectations with $187.8 billion in net sales, up 10%, and came in well ahead on the ...

Amazon.com shares fell 4% on Friday after the technology heavyweight's quarterly cloud computing revenue growth disappointed ...

(Reuters) -Amazon.com shares fell 2% on Friday after the tech giant reported lackluster cloud revenue growth, amplifying investor concerns that Big Tech's massive artificial intelligence investments ...

Amazon is set to surpass Walmart in quarterly revenue, marking a significant shift in the US retail landscape, according to ...

Amazon reported Q4 earnings, but its stock fell by 5% due to a weak first-quarter forecast amid slow cloud services growth.

Beyond the headline numbers, Amazon had a lot of wins in its business. Its Red One holiday movie became its most-watched Prime Video release yet. Plus Prime members received 65% more items same-day or ...