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AI, Amazon

Amazon plans to spend an estimated $100 billion on AI in 2025

Amazon CEO Andy Jassy revealed to investors Thursday that the company plans to spend more than $100 billion in capital expenditures on AWS and AI development in 2025.

NBC Los Angeles · 20h

Amazon plans to spend $100 billion this year to capture ‘once in a lifetime opportunity' in AI

Amazon CEO Andy Jassy speaks during a keynote address at AWS re:Invent 2024, a conference hosted by Amazon Web Services, at The Venetian Las Vegas on December 3, 2024 in Las Vegas, Nevada. Amazon said it plans to boost capital expenditures to $100 billion in 2025,

TechCrunch on MSN · 20h

Amazon doubles down on AI with a massive $100B spending plan for 2025

Amazon Cuts Reference to Diversity

Geekwire on MSN · 1h

Amazon cuts workforce diversity reference from annual filing amid Trump-led backlash against DEI

Amazon scrubs references to workforce diversity in annual report while CEO Andy Jassy celebrates Black History Month with employees.

Forbes · 1h

Amazon Removes Diversity References From Annual Report—Here Are All The Companies Rolling Back DEI

Following Trump's lead, organizations including Walmart, Lowe’s and Meta have announced they would scale back their commitments to diversity, equity and inclusion programs.

Reuters · 4h

Amazon cuts diversity reference from annual report as firms roll back DEI

Amazon.com eliminated a reference to "inclusion and diversity" in its annual report filed on Thursday, after telling employees in December that it was winding down diversity programs as part of corporate America's broader retreat from such policies.

Amazon, cloud computing

Reuters · 3h

Amazon dips after cloud growth disappoints investors

Amazon.com shares fell 4% on Friday after the technology heavyweight's quarterly cloud computing revenue growth disappointed investors waiting for a bigger payoff from heavy spending on AI.

GeekWire · 3h

Amazon’s quarterly profits soar to a record $20 billion, but cloud growth comes up short

Amazon's beat Wall Street's overall expectations with $187.8 billion in net sales, up 10%, and came in well ahead on the bottom line, with earnings of $1.86 per share, vs. expectations of $1.48 for the fourth quarter.

U.S. News & World Report · 23h

Amazon Beats Quarterly Revenue Estimates, Cloud Growth Lags

Amazon.com topped Wall Street estimates for quarterly revenue on Thursday, as strong sales over the holiday shopping season boosted its retail business, helping offset weakness in the cloud computing unit.

Amazon Reports Strong Earnings for Q4

The Associated Press on MSN · 22h

Amazon reports strong earnings for Q4, but stocks dip due to guidance for the 1st quarter

The Seattle-based e-commerce and technology company said its revenue for the October-December period totaled $187.8 billion, a 10% jump compared to the same period in 2023. Profits came out to $20 billion while earnings per share reached $1.86, higher than the $1.49 that analysts surveyed by FactSet had anticipated.

TheStreet on MSN · 8h

Analysts rework Amazon stock price targets after Q4 earnings surprise

Amazon was that last of the four major hyperscalers to publish December-quarter earnings and 2025 spending plans.

Seeking Alpha on MSN · 2h

Amazon's post Q4 price action presents buying opportunity - analysts

Amazon’s lackluster outlook for FY25 and as-expected growth in its cloud services business may have spooked investors, but Wall Street analysts see the 4% drop in the share price as a buying opportunity and are holding firm on their bullish outlook for the stock.

Benchmark raises Amazon stock price target to $270

TipRanks on MSN · 5h

Amazon.com price target lowered to $265 from $270 at Truist

Truist lowered the firm’s price target on Amazon.com (AMZN) to $265 from $270 but keeps a Buy rating on the shares. The company outperformed Q4

Business Insider · 7h

Amazon price target raised to $257 from $255 at BofA

BofA analyst Justin Post raised the firm’s price target on Amazon.com (AMZN) to $257 from $255 and keeps a Buy rating on the shares following a

Investing.com on MSN · 4h

Benchmark raises Amazon stock price target to $270 from $265

Benchmark analyst Daniel Kurnos adjusted the price target for Amazon.com (NASDAQ:AMZN) stock, raising it slightly to $270.00 from the previous target of $265.00. The firm maintained a "Buy" rating on the e-commerce and cloud computing giant's shares,

Amazon Stock Down On $100 Billion CapEx, Doubts About AI Payoff

Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its AI investments.

4hon MSN

Amazon deal of the day: Slash $50 off the first-ever Kindle with a color display

You can also save up to 61% on the Bose QuietComfort Ultra, Luna controller, Echo Buds with ANC, and Kindle Paperwhite.

10hon MSN

Amazon Pours Fuel on Big Tech Spending After DeepSeek Panic

The e-commerce giant is pulling ahead of rivals in the AI investment race with plans for more than $100 billion in capital ...

1don MSN

Amazon's Alexa Set For Radical Overhaul: What to Know

Alexa is set to receive a reboot powered by generative artificial intelligence, which "could be risky" for Amazon.

2hon MSN

Amazon to pay nearly $4M to settle lawsuit alleging it took tips from drivers

Amazon has agreed to pay nearly $4 million to settle charges that the e-commerce company subsidized its labor costs by taking ...

23h

Amazon slips after sales outlook misses expectations

The Seattle-based group’s fourth-quarter revenues — which includes the holiday shopping season — rose 10 per cent year on year to $187.8bn, Amazon said in on Thursday. Revenue came in above analysts’ ...

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AI, Amazon

Amazon Cuts Reference to Diversity

Amazon, cloud computing

Amazon Reports Strong Earnings for Q4

Benchmark raises Amazon stock price target to $270

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