Amazon is making big moves in AI. They've added a lot of power to their cloud services. This is more than any other company in the same time. But this growth comes with a cost. Amazon is cutting jobs. They've already laid off 14, 000 people. And more cuts might come next year. This has raised concerns about job losses due to AI automation. Even U. S. Senator Bernie S...

Amazon's recent earnings report shows a strong comeback, especially in its cloud computing division, AWS. This growth has made investors happy, pushing the stock price up by over 9%. The company's cloud services are growing at their fastest pace since 2022, showing that there's a high demand for these services. But there are still questions about Amazon's future. Th...

Amazon is getting ready to share its financial results for the last quarter. People who invest in the company are really interested in a few things. They want to know how much money Amazon Web Services (AWS) makes and how much it costs to run. They also want to see if Amazon's robots in warehouses are helping the company save money. Plus, everyone is talking about ho...

Amazon recently shared its financial results, and it's a bit of a mixed bag. The company's sales were higher than what experts predicted. They made $155. 67 billion, which is more than the expected $155. 1 billion. This is a significant amount of money, showing that Amazon is still a major player in the market. However, the earnings per share were $1. 59, which beat ...

Wall Street analysts are buzzing about Amazon's third-quarter earnings. The tech giant scored big, causing its stock to jump more than 6%. Amazon Web Services (AWS), the company's cloud segment, missed some revenue predictions but still grew nearly 20% compared to last year. Amazon is spending heavily on AI, with capital expenditures soaring 81% to a whopping $22. 62...