"Once In A Lifetime Opportunity": Amazon To Spend $100 Billion On AI, Cloud
Amazon on Thursday reported its fourth-quarter net income doubled to $20 billion, with net sales rising 10 percent to $187.8 ...
Amazon’s profit is suddenly going through the roof, fueling CEO Andy Jassy’s $100 billion AI spending spree to fight Google and Microsoft
Jassy told analysts on an earnings call Thursday that Amazon will spend around $100 billion or more on capital expenses in ...
Here's the $280 billion reason that AI-chip stocks will be just fine
Investors still worrying about chip stocks in light of fears of lower spending on AI can breathe a sigh of relief now that Amazon has joined in with three other Big Tech companies committed to massive ...
Amazon's outlook underwhelms as tech giant forecasts 'lumpy' cloud growth in years ahead
Overall revenue for Amazon's latest quarter came in at $187.8 billion, while the FactSet consensus was for $187.3 billion. The company saw a 10% boost in North America sales, to $115.6 billion, and an ...
Amazon Says Profits Rose 88% but Cautions Growth May Slow
The company’s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors.
Microsoft Corporation (MSFT): Analysts See Long-Term Opportunity Despite Cloud Revenue Concerns
We recently published a list of 10 Must-Watch AI Stocks Dominating Headlines. In this article we are going to look at where ...
These Two Assets May Have the Best Returns Under Trump, Say Investopedia’s Readers
Individual investors have curbed their enthusiasm in recent weeks amid new tariffs imposed by the Trump administration on China and concerns that those will lead to escalating tensions and another ...
Google retracts promise not to use AI for weapons or surveillance — prompting employee backlash: ‘Are we the baddies?’
The company’s historical reluctance to engage in military AI projects stems from employee-led protests in 2018, when workers ...
Microsoft alums were surprised by the sheer scale of its success, new oral history project shows
Even with Microsoft's hard-driving culture, and its vision for a computer on every desk and in every home (running Microsoft ...
Microsoft has a sneaky new strategy for keeping you on Edge and away from Chrome
If you're using Bing on the Microsoft Edge browser, you'll be greeted by a new banner if you search for Chrome Web Browser.
Stock Market Today: Dow Slips; Investors Dig Into Results Deluge
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Bill Gates: ‘Intel lost its way’
The former Microsoft CEO said he's stunned at how far behind Intel has fallen compared to Nvidia and Qualcomm.