Elon Musk’s space-and-AI company lost $4.9 billion last year and trades at 97 times sales. Investors need a lot to go right.

As the cost of AI infrastructure continues to increase, Morgan Stanley says Big Tech capital expenditures are on track to hit ...

Amazon layoffs last year were the largest in the company's history. Here's a timeline of the e-commerce giant's hiring ...

For much of the past decade, Wall Street rewarded companies that funneled excess cash into stock buybacks. That playbook is ...

Amazon raised $25 billion through a bond sale as AI infrastructure spending accelerates, highlighting the growing cost of ...

Auger's Series B funding round comes as the company signs more Fortune 100 customers like Meta and Fanatics and rides a ...

Amazon Has New AI Chips for Home Tech Devices and Future Mobile Gadgets ...

CNBC's Arjun Kharpal sits down Amazon's Panay on the latest episode of The Tech Download podcast.

Prime Day generates billions of dollars in sales and dominates headlines every summer. It just generated a record $26.4 ...

Amazon engineers blasted their employer at a heated Seattle City Council hearing this week, accusing the tech giant of pouring billions into an AI-fueled data center boom while slashing tens of ...

Amazon Web Services is offering a product to help retailers launch their own AI shopping features. The tool is built on Alexa for Shopping, Amazon's recently rebranded e-commerce agent. Amazon ...