Amazon.com Inc. shares have largely climbed on the back of two trends: strength in its cloud business and a focus on costs.

This week’s reporting docket is considerably stacked, including Mag 7 members Alphabet GOOGL and Amazon AMZN. Both companies have been at the forefront of market headlines over recent weeks due ...

GOOGL had already surprised markets with the scale of its investment in AI. CEO Sundar Pichai said spending on data centers and servers would rise to $75 billion this year from $53 billion in 2024, a ...