Amazon has joined Microsoft in offering access to Chinese startup DeepSeek's low-cost, open-source artificial intelligence training models. DeepSeek is challenging Meta in open-source models.
UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer, but it is not the company’s most ...
UPS said it will cut the volumes it handles for Amazon by 50% over the next two years to boost profitability. The post UPS ...
Shares of Amazon (NASDAQ: AMZN) slipped marginally on Wednesday, losing -0.31%. But the big news for the company came on ...
However, the company fell slightly short of estimates for AWS revenue. During the earnings call, Amazon CEO Andy Jassy and CFO Brian Olsavsky discussed topics ranging from AI to advertising ...
UPS stock dived to a multiyear low.The delivery giant said it has "reached an agreement in principle with its largest customer" — Amazon.com — "to lower its volume by more than 50% by the second half ...
More subscribers equal more revenue, which leads to more content investments, which lead to more engagement, which leads to ...
Tech giants focus on AI integration in their products, with Apple leading in AI product discussions. Nvidia is speaks ...
UPS shares have now lost about half their value since the pandemic era, when shipment volumes went through the roof. The issue is that there are few near-term catalysts to turn things around. Patient ...
Stocks rose Tuesday, led by tech. AI fears loom as Meta, Microsoft report earnings. Tesla faces policy risks. Fed decision, ...
These are some of the big takeaways from the second fiscal quarter earnings of AWS’ Seattle-based parent Amazon.com, President and CEO Andy Jassy told analysts on the call – which covered the ...
United Parcel Service (UPS) is currently in damage control mode after announcing a significant reduction in its business with Amazon, ...