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Amazon set to report earnings with AI spend, cloud growth, job cuts in focus
Investors are expected to focus on cloud growth, AI spending and the recent layoffs in Amazon's corporate workforce.
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cnbc.com
Amazon's push to make AI cheaper — and why it matters to reigniting the stock
AWS' custom chip strategy should aid cloud reacceleration, which investors see as key to getting the stock back on track.
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Amazon earnings are coming out postmarket Thursday. Here’s what Wall Street expects
Analysts estimate that Amazon will earn $1.97 per share on revenue of $211.33 billion, an LSEG survey shows.
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Amazon set to report earnings with AI spend, cloud growth, job cuts in focus
Investors are expected to focus on cloud growth, AI spending and the recent layoffs in Amazon's corporate workforce.
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Amazon cloud unit beats on revenue and profit as parent company ramps up AI spending
Amazon is investing heavily to capitalize on artificial intelligence opportunities in the cloud.
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bbc.com
Amazon plans to spend big on AI but shares slump
Shares in the tech giant fell in after hours trade as investors appeared wary of the sector's big spending plans.
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CNBC Daily Open: Amazon one-ups its rivals on capex spending, but investors are already worried over AI valuations
Amazon's capital expenditure projection comes in at $200 billion, above analysts' estimates of $146.6 billion and higher than the roughly $131 billion in 2025.
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Traders see a buying opportunity in Amazon despite spending concerns
Amazon said much of its big spending would be focused on artificial intelligence data centers.