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.
Amazon Cuts Reference to Diversity
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Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its AI investments.
1hon MSN
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The company’s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors.
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