Amazon is the leading online retailer and marketplace for third party sellers. Retail related revenue represents approximately 74% of total, followed by Amazon Web Services (17%), and advertising ...
Two successfull hedge fund managers sold Amazon and bought a spot Bitcoin ETF in the third quarter.
Amazon will cut about 14,000 corporate jobs as the online retail giant ramps up spending on artificial intelligence while cutting costs elsewhere. Teams and individuals affected by the job cuts were ...
OpenAI is spending $38 billion over seven years to use Amazon's cloud. The two companies may have another deal in the works, with Amazon potentially making a $10 billion investment in OpenAI. Amazon ...
Amazon's expansive and diversified business model positions it for long-term growth and consistent market-beating returns. Amazon's Q3'24 results showed exceptional growth and profitability, with AWS ...
NEW YORK (AP) — Amazon on Thursday reported strong revenue and profits from the summer months driven by growth in online sales and its advertising business. For the three months that ended on Sept. 30 ...
At 30.35, the stock's Price to Earnings ratio is 0.7x less than the industry average, suggesting favorable growth potential. It could be trading at a premium in relation to its book value, as ...