Investors cheered the tech giant’s latest results showing that its huge investments in artificial intelligence are beginning to show returns.
Category: Jassy, Andrew R
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Amazon’s Profit Is Up 38% on Strong Performance
After unexpectedly strong sales and profits across its consumer and cloud businesses, the tech giant said another strong quarter might be ahead.
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Amazon Reports $18.2 Billion in Profit Amid Strong Retail Demand
Consumers spent more than expected on the e-commerce giant’s site, while margins tightened at the company’s all-important cloud computing division.
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What Trump, and C.E.O.s, Actually Got in Riyadh
Executives including Elon Musk and Nvidia’s Jensen Huang, were in Saudi Arabia for new investments. That, not tariffs, is what they wanted from Trump.
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Why Apple Warned About a $900 Million Tariff Hit
The iPhone maker warned that it may take a $900 million hit from President Trump’s levies, showing that even powerful companies aren’t immune from the trade war.
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Amazon Says Operating Profits May Decline Amid Economic Uncertainty
The company reported overall mixed results, sending share prices down in after-hours trading.
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Amazon Reports Record $15.3 Billion Profit
The tech giant’s cloud computing business picked up steam and its retail business showed resiliency.
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Amazon Tells Employees to Return to Office Five Days a Week
The internet giant told employees on Monday that it expected them to return to the office full-time in January.
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Amazon Reports $148 Billion in Second Quarter Sales
The e-commerce giant’s stock dipped about 5 percent in after-hours trading after lower-than-expected guidance.