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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.
We have a meaningfully larger business in the AWS segment than others,” CEO Andy Jassy said during the company’s Q2 2025 ...
AWS has filed its Q2 results, reporting another quarter of revenue and profit rises, but questions are being asked about how ...
Amazon Web Services (AWS) introduced a new suite of capabilities and tools designed to support customers in developing AI ...
Slowdown in Amazon's cloud business, Amazon Web Services (AWS), is not a lack of demand, but a capacity issue, said CEO Andy ...
Reports indicate that perhaps late last week hundreds of AWS employees were laid off with marketing and outreach roles being ...
Microsoft finally reveals a pure revenue number for its Azure cloud computing business. Here's how that compares with AWS.
Amazon analysts raise price targets and highlight the long-term outlook as investors are cautious over AWS lower growth.
A mazon’s stock price had already been dropping in after-hours trading on Thursday despite better-than-expected results when ...
CNBC’s MacKenzie Sigalos reports on Amazon’s sharp stock drop despite an earnings beat, as AWS lags behind Microsoft and ...
AWS says it may have the issue in hand - the latest update on the AWS Status Dashboard notes: "We have identified the root cause of the Internet connectivity to the US-WEST-1 Region and have taken ...
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