Cloud sales surge 103 per cent on AI demand, while net income falls 25 per cent amid investment losses
Record 13.9 per cent operating margin and 39 per cent growth at AWS, yet free cash flow is deeply negative and long-term debt has climbed 2.6...
Tech giant adds $700 million to restructuring bill as it expands AI and cloud spending
The fundraising comes as rising AI spending weighs on profit and free cash flow
Rising memory chip costs push up infrastructure prices for major customers