For the past year or so investors have been looking for one thing: the next best artificial intelligence (AI) growth story.

Not only is Amazon Web Services (AWS) now coming up short of expectations, but it's losing cloud computing market share as ...

Amazon.com Inc. shares have largely climbed on the back of two trends: strength in its cloud business and a focus on costs.

Amazon’s chief executive had predicted the company would spend more in 2025 than the roughly $83 billion it spent last year.

AWS has not been able to match the growth of Amazon’s competitors, with Microsoft Corp.’s Azure and Alphabet Inc.’s Google Cloud seeing cloud-related revenue rise by 31% and 30%, respectively. Even so ...

Amazon shares slipped in after-hours trading yesterday as investors re-evaluated the company's spending on AI.

The company’s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors. By Karen Weise Karen Weise has covered Amazon from Seattle since 2018.

AI and automation are at the forefront of Amazon’s restructuring, but employees say the shift has made career progression ...