Amazon reports higher sales and earnings for 3Q, helped by its fast-growing web services business

Amazon posted higher fiscal third quarter profit and sales compared with a year ago, fueled by accelerating growth in its ...

If You'd Bought 1 Share of Amazon at Its IPO, Here's How Many Shares You Would Own Now

To buy one share of Amazon at the time of its IPO, you would have paid $18. This is in addition to whatever commission your ...

Amazon’s Jeff Bezos returning to Miami to speak at celebrity business forum

“We are thrilled to welcome Jeff Bezos, founder of Amazon and Blue Origin, to Miami for the America Business Forum,” Miami ...

Amazon’s Slower Growth in AI Cloud Business May Not Be Fatal Flaw

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Is Amazon’s once-dominant cloud business losing its edge in the AI race?

A major outage last week disrupted Amazon's cloud division for 15 hours, affecting hundreds of companies and raising ...

Amazon Pledges More Than $1.6 Billion for AWS, Retail Business in the Netherlands

The tech giant is bolstering its cloud-computing and retail businesses in the country as it continues to expand in Europe.

Amazon rival closes almost 100 more stores after nearly 40 years of business

As it turns out, Office Depot has closed over 1,000 stores since its 2023 merger, reducing its store count by about 55%. The latest corporate change should build on the original merger of OfficeMax ...