US e-commerce giant Amazon has reported a net sales increase of 11% to $638.0bn during the full year 2024 (FY24) against $574.8bn in 2023. North American and International segments reported sales ...
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Amazon’s chief executive had predicted the company would spend more in 2025 than the roughly $83 billion it spent last year.
Amazon CEO Andy Jassy revealed to investors Thursday that the company plans to spend more than $100 billion in capital expenditures on AWS and AI development in 2025.
In Money today: the best mortgage rates and where they're expected to go this year following the base rate cut; Netflix has ...
Amazon's beat Wall Street's overall expectations with $187.8 billion in net sales, up 10%, and came in well ahead on the ...
Amazon's forecasted spending in 2025 is 35% higher than 2024 and well above the $86 billion analysts expected.
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