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An increase in Amazon Web Services spending cut into the cloud giant’s profits in the second quarter as AWS raced to meet ...
Amazon announced new business from the likes of PepsiCo during the second quarter, as revenue topped $30 billion.
This new business isn't just an additional revenue stream. It's a strategic opportunity, and it could significantly reshape ...
Wall Street expected $162.1 billion in revenue, and earnings per share of $1.33. Despite topping expectations, Amazon ...
Amazon.com on Thursday forecast third-quarter sales above market estimates, but failed to live up to lofty expectations for ...
Amazon.com on Thursday forecast third-quarter sales above market estimates, but failed to live up to lofty expectations for ...
Amazon reported second-quarter earnings that topped analysts’ expectations, with better-than-expected growth in Amazon Web Services.
Amazon CEO Andy Jassy tried to calm concern about AI cloud competition. Wall Street isn't buying it.
On an earnings conference call, analysts asked tough questions about cloud growth and AI rivals. Jassy's answers didn't quell the worries.
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