Amazon's Leo will be "six times better on the uplink performance than existing alternatives," CEO Andy Jassy said.
Amazon.com, Inc. (AMZN) Q1 2026 Earnings Call Transcript
Studio executives have held internal discussions about making new episodes of reality TV show.
Amazon and Meta are among the big companies set to lobby India's payments body over the dominance of Walmart-owned PhonePe and Google Pay in the country's fast-growing instant payments network.
Amazon's first-quarter earnings call sounded less like a retail update than a briefing on the next phase of cloud computing. The overwhelming majority of the discussion centered on AWS, artificial intelligence infrastructure and the chips Amazon says are now becoming a major business of their own.
Amazon was one of several tech giants that on Wednesday beat Wall Street's first-quarter earnings expectations, offering more financial evidence that the AI boom continues to reward companies that supply the picks and shovels.
Amazon could start selling Trainium AI chips to external customers within two years. The company disclosed that its Trainium AI chips now have $225 billion in revenue commitments.
Fed Chair Powell says goodbye to FOMC press corps, while AI-fueled earnings & growth astound.
The headline numbers for Amazon (AMZN) give insight into how the company performed in the quarter ended March 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Amazon (AMZN) came out with quarterly earnings of $1.56 per share, missing the Zacks Consensus Estimate of $1.6 per share. This compares to earnings of $1.59 per share a year ago.