Give Gary Lutin a break: Drop the "pro forma." Adviser to a New York Society of Security Analysts forum that is examining how Amazon.com reports financial information, Lutin has been pressing the big ...
Amazon.com’s finance teams are using generative AI in new ways to more efficiently comply with complex tax regulations, help evaluate the financial impact of new products and better analyze changes in ...
With AWS doubling power capacity, Nova and Bedrock deepening its AI stack, Wall Street assigning a Strong Buy rating, plus ...
(Reuters) -Amazon's cloud revenue rose at the fastest clip in nearly three years, helping the company forecast quarterly sales above estimates and driving its shares up 14% in after-market trading.
Even with strong financial results recently, Amazon has failed to make much ground from a valuation perspective. The ...
While Amazon founder Jeff Bezos stepped down from his original leadership position in the company in 2021, his net worth and the company's stock have continued to rise. This has even been the case as ...
So much for retail therapy. After Amazon reported a weaker-than-expected sales outlook for the third quarter on Thursday, sending its shares down more than 7% in after-hours trading, a top company ...
Amazon.com Inc. is partnering with a JPMorgan Chase & Co.-backed startup to provide financing for small online businesses, many of which need immediate capital to replenish depleted holiday ...
Amazon.com has appointed a new chief financial officer, hiring Tom Szkutak away from General Electric. Szkutak most recently served as the top financial executive at GE Lighting. He will start at ...
OK, I’ll admit it … I am a closet Amazon addict. I get an adrenaline rush from the thrill of one-click purchases and the ease of buying nearly everything I need when I need it, and knowing it will ...
Forbes contributors publish independent expert analyses and insights. I write about innovation, finance, energy, climate and sustainability. Amazon’s $2 billion Climate Pledge Fund has announced a new ...