Amazon on Thursday reported better-than-expected revenue and profits for the fourth quarter, driven by strong consumer spending during the holiday shopping season. The Seattle-based e-commerce company ...

Wall Street wanted profits. Big Tech delivered. That was the case for Google, Meta, Microsoft, Apple and – more than any other US tech giant – Amazon. In 2022, Amazon lost $2.7 billion as it managed a ...

After rounds of layoffs, the pressure on Amazon may be easing up, the company said Thursday, citing positive impacts from lower energy and labor costs as well as a more stable pattern of customer ...

AWS sales growth in the quarter was higher than the segment's average over the past few years. As CEO Andy Jassy noted, that ...

Amazon's aggressive push towards automation is driving exponential EPS increases, leading to strong financial benefits and potential for stock acceleration. The company's financial health is bolstered ...

After its retail business produced massive operating losses last year, management is focusing more on the bottom line. It's cutting costs in logistics and capturing "low-hanging fruit" for cost ...

(Bloomberg) -- In 2022, Jake Clay started an Amazon delivery firm in Odessa, Texas, after hearing about the company-sponsored program from a friend. He sank $75,000 into the business and earned more ...