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Amazon's slowing cloud growth could continue to drag on its stock
Amazon's retail business is still significant. Yet it's lower margin in nature and vulnerable to broader economic trends, such as inflation, tariffs, and waning consumer spending. AWS, as a high-margin cloud leader, is typically viewed as the primary driver of the company's valuation.
Amazon stock knocked as AI spending weighs on profits growth
Amazon shares fell around 7 per cent in after-hours trading as the US ecommerce giant posted underwhelming projections for the third quarter due to high spending on artificial intelligence. Chief executive Andy Jassy also warned of further uncertainty around President Donald Trump’s tariff policies and said he remained “unsure” who would absorb potentially higher costs over time.
Amazon saw an increase in profit this quarter. The company reported a 13% increase in net sales to $167.7 billion in Q2, up ...
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Procurement leaders talk about how AI changing the way they plan, report, and solve problems
Industry experts from Amazon Business, Bristol Myers Squibb, and SMBC Americas discuss AI-driven procurement strategies at BI ...
Amazon has backed a new AI service that is being called the "Netflix of AI", and it's another depressing development in the ...
Microsoft and Amazon highlight a pivotal week in Seattle tech—big earnings, bold AI moves, and questions about whether we've ...
Amazon's stock sank on Thursday afternoon, weighed down by mixed guidance and AI competition, though the company beat Q2 ...
Amazon is still the biggest cloud provider. But amid the AI boom, analysts wonder if Microsoft is catching up.
Amazon's earnings show strong revenue and key growth in AWS and ads, despite cautious guidance. Click here to read an ...
Amazon has invested in Fable, a start-up whose 'Netflix of AI' Showunner gen-AI tool lets users create scenes or entire ...
Gizmodo reached out to Amazon for comment on its reported funding of Showrunner, as well as any potential content ...
Amazon reports Q2 2025 earnings Thursday, with investors watching for signs of AI-driven growth, AWS momentum, and how ...
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Amazon CEO Andy Jassy tried to calm concern about AI cloud competition. Wall Street isn't buying it.
On an earnings conference call, analysts asked tough questions about cloud growth and AI rivals. Jassy's answers didn't quell ...
Amazon's Alexa could soon start pitching you more than just the weather. According to reporting from Amazon's July 31second-quarter earnings call, Amazon is considering adding ads to Alexa Plus, its ...
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