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Amazon will give money

Digest more
 · 4h · on MSN
Amazon may owe you money: It just got $600 million in tariff refunds after a lawsuit accused it of favoring Trump
Andy Jassy conceded in January tariffs were hitting prices, months before Amazon’s $600 million refund came to light.

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 · 8h
Amazon will give money back to some of you as part of US tariff refund
 · 3h
Amazon is splitting its $600 million tariff refund with customers - here's who's eligible

AI, Amazon

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Top News
Overview
Highlights
 · 4h
Amazon Just Revealed How Much It’s Spending on AI. Even That Won’t Be Enough
On its recent earnings call, Amazon said AI demand is fueling faster AWS growth, but capacity still remains limited.

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 · 1d
All eyes are on Amazon’s AI spending plans
 · 3h
Amazon, Microsoft Show That AI Spending Spree Remains Solid
 · 3h
Andy Jassy soothed concerns over Amazon's massive AI spending. Here's how he did it
Earlier this year, we said we plan to invest approximately $200 billion in cash capex in 2026, the majority of which to support AI and AWS.

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 · 1d
Amazon Shares Jump as Cloud Sales—and Spending—Accelerate
 · 23h
Amazon beats Q2 earnings expectations as AI, chip businesses see $25 billion run rate
 · 15h
Amazon lifts investment plans after strong cloud sales; shares jump
"AWS is booming," Jassy said in a statement, noting it was the unit's fastest growth in ⁠18 quarters.

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 · 22h
Amazon soars after CEO Andy Jassy makes the case for its massive AI investment
 · 1d
Amazon Q2 Ad Revenue Up 26% as Tech Giant’s Profit Booms to $62.6 Billion on Anthropic Investments

Amazon stock soars

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Highlights
 · 20h
Google raised the bar for Amazon's cloud business
In the wake of Alphabet's blowout cloud growth, investor expectations for Amazon's cloud business are likely higher than the consensus view would suggest. Bernstein analyst Nikhil Devnani wrote that growth in the mid-30%-plus range is now the "bar" for Amazon's AWS unit to clear.

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 · 1d · on MSN
Amazon stock soars 9% on 'booming' cloud growth, revenue beat
 · 9h
Amazon stock soars as e-commerce giant's AWS cloud business booms in 'home run' quarter
 · 15h
Amazon to Boost Spending on AI and Other Technology by $20 Billion After Strong Q2 Results
Amazon delivered strong profits and net sales during its fiscal second quarter, helped by surging growth in its prominent cloud computing unit.

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 · 23h
Amazon stock rises 9% as investors cheer AI growth
Axios · 1d
Amazon revenue soars as AI investments pay off
 · 1d
Amazon's AWS posts fastest growth since 2021, citing AI and chip demand
AWS' artificial intelligence business and the unit's chips each brought in over $25 billion in annualized revenue, more than doubling from last year.

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 · 20h
Amazon’s stock pops on roaring cloud growth and soaring AI demand
 · 1d
Amazon gains after AWS growth accelerates in Q3, operating income shines
4hon MSN

Amazon's 14.9% Jump Lifts the Dow While Apple Drags It Back

Amazon jumped almost 15% while Apple fell 9%. Here's what split the two tech giants and left the major indexes stuck in the middle.
8hon MSN

Amazon surges 14%, Apple falls 9% as investors pick post-earnings AI winners

Amazon reported a surge in revenue at its key cloud business while Apple issued disappointing guidance.
4h

Amazon and Microsoft highlight a continued AI spending spree, igniting chip rally

Aggressive AI spending plans by Amazon.com Inc., Microsoft Corp. and Alphabet Inc. provided fresh evidence that demand for chips and related equipment will remain strong, offering relief to a sector that’s been battered in recent days.
8h

Amazon spent $1.8 million on an AI project that never worked — and didn't notice for five months

Amazon is pouring $200 billion into AI this year, but a new report reveals there have been instances of “catastrophically expensive” overspending on failed AI projects.
4don MSN

Amazon seeks federal approval to launch 5,105 satellites for direct-to-device network

The proposed network will partly rely on assets from Globalstar, which Amazon announced plans to acquire in April for roughly $11.6 billion.
11h

Amazon issues nationwide recall for 178K+ heated blankets after dozens of fires, injuries

If you bought a heated blanket on Amazon in the last few years, you'll want to double check it's not a major fire risk before you plug it in again.
1don MSN

AWS is 'booming,' but Amazon's free cash flow turns negative on record AI spending

Amazon reported $200.6 billion in second-quarter revenue, up 20%, with AWS growing 37%, its fastest pace since the end of 2021.
1don MSN

Amazon hikes 2026 capex to $220 billion due to higher memory costs

AWS sales expanded 37% year over year, which trounced analysts' expectations for 31% growth.
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