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Amazon's advertising business grew 19% in the third quarter


Amazon's advertising business grew 19% in the third quarter

Dominika Zarzycka | Photo only | Getty Images Amazon's Its online advertising business posted third-quarter revenue of $14.3 billion, up 19% year over year, in line with analyst estimates of $14.3 billion. The Seattle tech giant announced the financial results of its growing advertising unit on Thursday as part of its latest earnings report. Amazon's […]

Amazon (AMZN) Q3 2024 Earnings Report


Amazon (AMZN) Q3 2024 Earnings Report

Amazon will report third-quarter results after the market closes on Thursday. Here's what analysts expect: Earnings: LSEG expects $1.14 per share Revenue: LSEG expects $157.2 billion Amazon Web Services: According to StreetAccount, $27.5 billion Advertising: According to StreetAccount, $14.3 billion The company warned in its most recent earnings report that third-quarter sales could take a […]

Q3 2024 Meta Earnings Report


Q3 2024 Meta Earnings Report

Meta CEO Mark Zuckerberg testifies during the Senate Judiciary Committee hearing titled “Big Tech and the Online Child Sexual Exploitation Crisis” on Wednesday, January 31, 2024, in the Dirksen Building. Tom Williams | CQ Roll Call, Inc. | Getty Images Meta reported weaker-than-expected user numbers and warned of a significant acceleration in its infrastructure spending […]

Microsoft (MSFT) Q1 2025 Earnings Report


Microsoft (MSFT) Q1 2025 Earnings Report

Microsoft CEO Satya Nadella attends the Partnership for Global Infrastructure and Investment event during the G7 Summit at Borgo Egnazia Resort in Savelletri, Italy on June 13, 2024. Almond Ngan | AFP | Getty Images Microsoft reported an increase in profit and revenue for its fiscal first quarter as the company's Azure cloud infrastructure business […]

Alphabet outperforms in both revenue and profit, boosted by cloud sales


Alphabet outperforms in both revenue and profit, boosted by cloud sales

Google CEO Sundar Pichai speaks with Emily Chang during the APEC CEO Summit at Moscone Center West in San Francisco on November 16, 2023. Justin Sullivan | Getty Images News | Getty Images Google parent alphabet reported a third-quarter profit that beat both sales and profits. The company's shares rose 3% on the results. Here […]

Amazon is betting on nuclear power and investing more than $500 million in the development of small modular reactors


Amazon is betting on nuclear power and investing more than 0 million in the development of small modular reactors

Amazon Web Services is investing more than $500 million in nuclear energy, announcing three projects from Virginia to Washington state. AWS, AmazonThe cloud computing subsidiary has a huge and increasing need for clean energy as it expands its services to include generative AI. It's also part of Amazon's path to net-zero carbon emissions. AWS announced […]

Google ordered the opening of the Android app store for the trial version of Epic Games


Google ordered the opening of the Android app store for the trial version of Epic Games

Character actors from the Epic Games Fortnite video game dance during the E3 Electronic Entertainment Expo in Los Angeles on June 12, 2019. Kyle Grillot | Bloomberg | Getty Images A US judge issued a preliminary injunction on Monday that would take coercive measures Google to offer alternatives to its Google Play Store for downloading […]

The DOJ says it is considering breaking up Google following the monopoly ruling


The DOJ says it is considering breaking up Google following the monopoly ruling

U.S. Assistant Attorney General Jonathan Kanter speaks during a news conference about the antitrust lawsuit against Live Nation Entertainment as Attorney General Merrick Garland and Assistant Attorney General Lisa O. Monaco look on during a news conference at the Department of Justice in Washington, U.S., May 23, 2024. REUTERS /Ken Cedeno Ken Cedeno | Reuters […]