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Amazon.com, Inc., is an American electronic commerce and cloud computing company headquartered in Seattle, Washington. Founded by Jeff Bezos on July 5, 1994, as an online bookstore, Amazon went public after an initial public offering on May 15, 1997, during the midst of the dot-com bubble. [1] The funds gained from the IPO allowed Amazon to ...
The beat was driven by a 16% jump in Amazon Web Services (AWS) revenue, which Amazon said is on course to generate $100 billion annually. The company reported adjusted earnings per share of $0.98 ...
History of Amazon. Jeff Bezos, who founded Amazon in his Bellevue, Washington garage in 1994. Amazon is an American multinational technology company which focuses on e-commerce, cloud computing, and digital streaming. It has been referred to as "one of the most influential economic and cultural forces in the world", [1] and is one of the world ...
Amazon websites are country-specific (for example, amazon.com for the US and amazon.co.uk for UK) though some offer international shipping. [48] Visits to amazon.com grew from 615 million annual visitors in 2008, [49] to more than 2 billion per month in 2022. [citation needed] The e-commerce platform is the 14th most visited website in the ...
Amazon stock popped as much as 10% late Thursday as investors digested revenues, profits, margins, and current quarter guidance that all blew past Wall Street's expectations.
The chipmaker will build custom AI chips for Amazon Web Services (AWS) as part of the multibillion-dollar deal. The move expands a years-long tie-up between the companies under which Intel designs ...
Jeff Bezos. Jeffrey Preston Bezos (/ ˈbeɪzoʊs / BAY-zohss; [2] né Jorgensen; born January 12, 1964) is an American business magnate best known as the founder, executive chairman, and former president and CEO of Amazon, the world's largest e-commerce and cloud computing company. He is the second wealthiest person in the world, with a net ...
The earnings rundown. Net Sales: $134.38 billion actual versus $131.63 billion estimated (guidance: $127 billion to $133 billion) Diluted EPS: $0.65 versus $0.35 estimated. Amazon Web Services ...