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

Major U.S. stock indexes slid on Friday as investors digested closely watched monthly employment numbers and a sharp drop in consumer sentiment.

Here is a look at what happened in oil markets in the week of Feb. 3-7 and what the focus will be in the days to come.

E-commerce giant Amazon reported on Thursday its fourth-quarter (Q4) net income nearly doubled to $20 billion, driven by strong holiday sales, but its outlook for the coming quarter came in less than ...

The company posted its Q4 2024 quarterly earnings results this week, which rounded out another strong quarter for its Amazon ...

Amazon reported Q4 earnings, but its stock fell by 5% due to a weak first-quarter forecast amid slow cloud services growth.

Google parent Alphabet, Amazon, Meta, and Microsoft have all deepened their AI commitments for the fiscal year 2025.

Amazon just wrapped a big fourth quarter, with a 10% lift in net sales to hit $187.8 billion and a year-over-year (YoY) ...

Amazon on Feb. 6 reported better-than-expected revenue and profits for the holiday shopping period, but its stocks dipped in ...

UAE, Amazon’s Q4 earnings for 2024 were a mixed bag, with strong year-over-year revenue growth but a disappointing outlook ...

Expedia shares rose as much as 9.7% in premarket trade on Friday after the online travel agency beat Wall Street estimates for fourth-quarter results, boosted by strong travel demand outside the ...

EU mid-market update: Waiting for US jobs report with annual revisions; Amazon goes big on AI investments despite soft ...