AWS represents a small part of Amazon’s total revenue, but it is a key driver of profits, typically accounting for about 60% ...

The CMA determined that "competition is not working well" and has shared recommendations to solve the situation. An independent CMA panel found the cloud services market to be “highly concentrated,” ...

During Amazon's earnings call, an analyst asked CEO Andy Jassy for his response to the notion on Wall Street that the company was falling behind on generative AI development. Jassy, in response, said ...

Operating profit will be $15.5 billion to $20.5 billion in the period ending in September, compared with an average estimate ...

Stock dips despite solid results. Discover why long-term prospects remain strong with robust retail, cloud, AI & a 15.2% CAGR forecast.

Amazon, Anthropic, Apple, Google, and OpenAI are among the companies making commitments. Some analysts argue health info could be at risk.

CNBC’s MacKenzie Sigalos reports on Amazon’s move to raise its quarterly capital spending to $31.4 billion, setting an annualized pace above $118 billion and escalating the hyperscaler race against ...

Amazon posted higher fiscal second-quarter profit and sales, underscoring its resilience despite tariff uncertainty.

Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...

Investors had big expectations for Amazon, and in particular the company's AWS cloud unit, following strong results from Microsoft ( MSFT 3.94%). Amazon revenue and earnings were up 13% and 33%, ...

Morgan Stanley projects that a proposed Trump tax break could give Amazon billions and supercharge its push to automate ...

Some tech giants are using news content to train AI, raising copyright concerns and reshaping how real-time information ...