Amazon Posts Solid Earnings. A Cloud Miss and Weak Outlook Are Hurting the Stock.
Revenue for the quarter reached $187.8 billion, against expectations of $187.3 billion, and up 10% on the year.Amazon’s ...
Zomato to Eternal, Google to Alphabet, Facebook to Meta: why do companies rebrand and does it work?
As Zomato rebrands as Eternal to reflect its expansion beyond food delivery, Invezz examines how rebrands by giants like ...
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Amazon Misses Earnings Expectations, Shares Plunge
Tech giant Amazon’s (NASDAQ:AMZN) cloud computing arm has missed its revenue expectations, which raises concern about the ...
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 ...