Amazon says it expects to spend in excess of $100 billion this year, with the “vast majority” going straight into AI projects ...

JPMorgan believes Amazon's AWS growth is expected to slow but eventually accelerate. AI investments and logistics efficiency ...

This growth is primarily credited to Amazon Web Services (AWS) and significant international sales improvements. Diluted earnings per share leaped to $1.86, well above the $1.49 projection. Read More: ...

Bank of America analyst Justin Post reiterated a Buy rating and raised the price target from $255 to $257. RBC Capital ...

From the number of potential AWS employees being laid off to AWS being the major profit driver for Amazon, CRN breaks down five things to know from Amazon’s 9,000 layoff announcement today.

Amazon has reported a very high operating margin in AWS for the last three quarters, which has helped boost the overall operating income and EPS. The recent quarterly operating margin of 38.1% in ...

Amazon Web Services' hiring has hit a low point. Last year, Amazon's cloud business was on a hiring spree as it raced to keep up with the pandemic-fueled demand for its services. This month ...

Big Amazon cloud customers have been pressing the tech giant to give them access to DeepSeek's AI models, the latest sign of the Chinese startup taking the tech world by storm. More than 20 key ...

CRN breaks down AWS, Microsoft and Google Cloud’s worldwide cloud services market share for Q1 2023. Microsoft is narrowing the gap between itself and longtime cloud market share leader Amazon ...