Amazon.com Inc. AMZN ran a more profitable business last quarter than Wall Street expected, though earnings per share still fell short. The difference between the two results traces back to one line on the income statement: interest.

By Deborah Mary Sophia and Greg Bensinger Oct 29 (Reuters) - Amazon.com on Thursday reported a massive cash burn in the third quarter and forecast holiday-quarter revenue largely below Wall Street estimates,

Amazon is the biggest company in the world by revenue, so it can more easily afford this kind of expense than a smaller company. Based on its trailing revenue of $795 billion, its free cash flow loss amounted to 5.4% of its revenue, which is comparable to the peaks of past cycles.

Cash CapEx for 2026 is expected to be approximately $220 billion, with 2027 spending projected to be meaningfully more to support AI infrastructure demand. Trainium chips are scheduled for external sale starting in late 2027,

Amazon's earnings didn't impress investors. CEO Andy Jassy's response about AI agents might be part of the reason why.

WESTBOROUGH – Amazon has grounded its bid to deliver packages by drones from its facility in Westborough, according to local lawmakers. "Amazon hereby requests approval of the Westborough Planning Board to withdraw,

Munster outlined that Amazon’s AI infrastructure opportunity may be only getting started, pointing to Amazon’s management breaking pattern as far as the guidance for its AWS business is concerned.

Those looking for a new job can join Amazon as the company plans to hire thousands of workers for the holiday season and beyond. The e-commerce retailer will be hiring more than 34,000 seasonal, part-time and full-time roles across California,