Amazon’s profit is suddenly going through the roof, fueling CEO Andy Jassy’s $100 billion AI spending spree to fight Google and Microsoft
The massive capex comes as Amazon's cloud and AI rivals up their spending. Google-parent company Alphabet, said on its most recent earnings call that it expects to spend $75 billion on capital ...
Is It Too Late to Buy Spotify Stock After Its Whopping 180% Gain Over the Past Year?
The stock can also be valued using the price-to-sales (P/S) ratio, which divides a company's market capitalization by its annual revenue. Spotify's P/S ratio just hit a new all-time high of 7.8, which ...
Amazon Posts Solid Earnings. That’s Where the Good News Ends.
Fourth-quarter results beat Wall Street estimates but the company’s revenue outlook for the first quarter fell shy of ...
Amazon slips as slowdown in cloud growth weighs on sales forecast
(Reuters) -Amazon shares dipped 3.3% in premarket trading on Friday after the online retailer's cloud growth fell short of ...
The Samsung 98-inch 4K TV is over $500 off, and it’s a home theater dream
As of Feb. 7, the Samsung 98-inch DU9000 4K Smart TV is on sale for $1,947.99 at Amazon (regularly $2,497.99).
Samsung OLED TV is over $700 off — and you won’t find a better deal on a 55-inch OLED
As of Feb. 7, the Samsung 55-inch S85D 4K OLED Smart TV is on sale for $927.99 at Amazon (regularly $1,697.99).
BOE Growth Forecast, Amazon AI Capacity Constraints, More
Bloomberg News Now is a comprehensive audio report on today's top stories. Listen for the latest news, whenever you want it, covering global business stories around the world.
Amazon Stock Slips After Softer-Than-Expected Sales Outlook
Amazon.com (AMZN) shares traded lower after the e-commerce and cloud company gave a quarterly sales outlook that fell short of analysts' expectations. Some key figures: Earnings per share for the ...