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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.
From the question of where Amazon is in the AI race to forecasts for the next quarter, here are four key takeaways from the ...
Amazon’s deal hub is packed with steep discounts on Apple AirPods, New Balance sneakers, Shark vacuums, and more best-sellers ...
Liam Neeson wasn’t a fan of his death in “Star Wars: Episode 1 – The Phantom Menace.” On a recent episode of GQ’s “Most ...
If you’ve been on the hunt for the perfect set of suitcases, then you’re in luck, because cult-fave brand Away has made it ...
Amazon's Q2 earnings report revealed the company beat consensus estimates for both earnings per share and revenue. The ...
Looking at specific segments, Amazon says North America sales increased 11% year-over-year to $100.1 billion; international ...
The company’s quarterly sales results exceeded Wall Street’s expectations.
From Lisa Frank stickers to Trapper Keepers and scented markers, shop nostalgic back-to-school deals at Amazon for kids and ...
Various companies assess the value of global brands regularly, and per Brandirectory, Amazon is the fourth-most-valuable ...
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