Amazon’s revenue soared in the recent quarter, boosted by demand from AWS customers. But some investors worried about the company’s plan for $200 billion in capital expenditures. Over time, AWS has ...
Cloud giant Amazon (AMZN) reported its fourth quarter results after the bell on Thursday as a miss on its Q1 operating income estimate and a massive expansion in capital expenditures for 2026 sent ...
Amazon projects $200 billion capex in 2026, up from $131 billion in 2025 Big Tech's AI spending scrutinized by Wall Street for returns AWS demand strong despite capacity constraints Feb 5 (Reuters) - ...
Amazon layoffs part of broader tech industry restructuring Layoffs affect nearly 10% of Amazon's corporate workforce Amazon mistakenly sent email early, unsettling AWS staff Jan 28 (Reuters) - Amazon ...
Amazon said Wednesday it was slashing another 16,000 jobs across the company in an ongoing bid to restructure the sprawling trillion-dollar firm. "The reductions we are making today will impact ...
NEW YORK -- Amazon said it's closing all of its Amazon Go and Amazon Fresh locations, as the online behemoth focuses on its grocery delivery, Whole Foods Market and a new "supersized" store concept.
The closures are part of a move to double down on expanding Whole Foods Market. The closures are part of a move to double down on expanding Whole Foods Market. is a news writer covering all things ...
Amazon is closing all its physical Amazon Fresh and Amazon Go stores, the company announced Tuesday. The Amazon Fresh online delivery service will continue operating, and Amazon plans to expand its ...
Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24/7 to ...
Amazon is closing 72 of its Amazon Fresh and Amazon Go stores, converting some into Whole Foods Markets. Amazon announced on Tuesday, Jan. 27, that it will close 57 Amazon Fresh and 15 Amazon Go ...
Amazon is seeking to open a large retail space on the southwest corner of the busy 159th Street and LaGrange Road intersection in Orland Park, site of the former Petey’s II restaurant, village ...