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 company’s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors.

AMAZON.COM projected profit in the current quarter that fell short of analysts’ estimates, suggesting the company continues ...

Amazon investors drove shares down sharply on Thursday due to weakness in the retailer’s cloud computing unit and ...

E-commerce giant Amazon reported Thursday its fourth-quarter net income nearly doubled to $20 billion, driven by strong ...

A drawn-out legal fight looms for Elon Musk and Sam Altman as they face an increasingly long courtroom battle over the future ...

With gains of just over 12% last year, Microsoft stock underperformed not only other “Magnificent 7” constituents but also the S&P 500 Index . 2025 hasn’t looked good for th ...

Qualcomm on Wednesday forecast sales and profits above analyst expectations as artificial intelligence features helped drive ...