The third quarter was kind to Amazon.com as it beat Wall Street estimates on sales and earnings while generating substantially more product and service revenues. Net income was $15.33 billion, or $1.43 per diluted share, versus $9.88 billion, or 94 cents per diluted...
Amazon beat Wall Street earnings estimates for the second quarter in what the company reported was an all-around solid quarter with improved key metrics from each division. Net income was $13.49 billion, or $1.26 per diluted share, versus $6.75 billion, or 65 cents...
Amazon president and CEO Andy Jassy, in his annual letter to shareholders, detailed how the company is building new capabilities and services, highlighting how generative AI would fit into its operation. Jassy said in the letter Amazon gives a lot of thought to how...
Palm-print identification is available at Amazon retail stores, and the new initiative expands its use, stated Dilip Kumar, vice president, applications at Amazon Web Services, in a blog post. The updated Amazon One app lets customers sign up for palm identification...
In a strong finish to the year, Amazon easily beat Wall Street estimates as sales in North America advanced to double digits and the region turned to profits. In announcing its financial results, Amazon maintained that generative artificial intelligence would be a...
