Amazon posts Q2 earnings tonight with AWS momentum, a $200 billion AI buildout, and Prime Day tailwinds all converging at once. Whether the quarter clears a very high bar or cracks under margin pressure could set the tone for the entire Magnificent 7 earnings season.
@LikeFolio's Landon Swan examines Amazon's (AMZN) evolving growth story as AWS faces mounting competition from Microsoft's (MSFT) Azure. He discusses why rising cloud infrastructure spending and Amazon's investment in Anthropic may be better viewed as long-term growth drivers rather than short-term headwinds.
Amazon's decision this week to scale back parts of its homegrown artificial intelligence portfolio has been taken by the marketplace as a retreat from the frontier-model competition. That's only partly true.
Amazon's capital expenditure forecast will be in focus after Alphabet boosted its guidance for the year. The online retail giant projected its capex will reach $200 billion in 2026, and some analysts believe the total could move higher in the face of surging artificial intelligence demand.
Amazon has reportedly uncovered instances of “catastrophically expensive” cost overruns caused by errors in AI deployment. That's according to a report Thursday (July 30) from the Financial Times (FT), citing multiple sources familiar with the matter.
Visit Bellevue announced this week that it's launching a free electric shuttle pilot program on Aug.
Amazon is set to report earnings after the closing bell today, with traders expecting a big move from the e-commerce giant's stock.
Earnings on deck this afternoon for Apple and Amazon will likely decide if the stock market can end what's so far been a rough week on solid footing.
Amazon-owned Zoox will soon begin charging for robotaxi rides after the National Highway Traffic Safety Administration issued it a temporary exemption. The exemption allows Zoox to operate up to 2,500 vehicles annually for two years, subject to "enhanced, adaptable" oversight conditions.
The move is a first for a purpose-built autonomous vehicle like Zoox, which doesn't have pedals or a steering wheel.