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Amazon’s generative AI business has hit a multi-billion dollar run rate that’s reaccelerated cloud...
Fortune via AOL· 3 hours agoThe company spent more than $48 billion on capital expenditures in 2023, and executives said that...
Amazon Sales Surge as Company Focuses on AI
The Wall Street Journal· 5 hours agoThe company reported record first-quarter sales as the AI boom powered growth in its cloud-computing unit, helping Amazon continue to shake off last...
Amazon Prime ads help tech giant drive profits
BBC via Yahoo Finance· 5 hours agoAdvertising revenue for the first three months of this year was 24% higher year-on-year, with the company making Amazon Prime adverts the default option...
Amazon reports $143B in Q1 revenue, topping Wall Street expectations
FreightWaves via Yahoo Finance· 4 hours agoAmazon touts benefits of regional fulfillment and delivery model to help drive its first-quarter...
Amazon shrugs off China threat to post record start to year
The Telegraph via Yahoo Finance· 7 hours agoJournal reported last month that Temu had more than 50m US shoppers on its app despite launching...
Insurance group calls for Amazon, FedEx and others to use more safety tech in delivery vans
CNN Business via Yahoo Finance· 8 hours agoMany of the features recommended by IIHS, including forward collision warning, automatic...
Amazon.com (AMZN) Q1 2024 Earnings Call Transcript
Motley Fool via Yahoo Finance· 2 hours agoAnd globally, in cities like Toronto, London, and Tokyo, about three out of four items were delivered the same or next day. Fasterdelivery times have...
Amazon sales surge as company trains focus on artificial intelligence
AOL· 6 hours agoBoth figures exceeded Wall Street expectations. Amazon CEO Andy Jassy has significantly reoriented the company to focus on AI innovations since falling ...
Amazon Reports Effective Fast Delivery for Prime Members
iTech Post· 1 day agoAmazon claimed that around 60% of packages are being delivered to customers in one day or sooner,...
Amazon boxes $10.4B profit for quarter
Seattle Times· 7 hours agoAmazon reported $143 billion in revenue, $10.4 billion in profit and 98 cents earnings per diluted share. Amazon’s first-quarter profit matches the...
