H
technology
H
HOYONEWS
HomeBusinessTechnologySportPolitics
Others
  • Food
  • Culture
  • Society
Contact
Home
Business
Technology
Sport
Politics

Food

Culture

Society

Contact
Facebook page
H
HOYONEWS

Company

business
technology
sport
politics
food
culture
society

CONTACT

EMAILmukum.sherma@gmail.com
© 2025 Hoyonews™. All Rights Reserved.
Facebook page

Amazon fails to calm tariff worries with worse-than-expected financial outlook

1 day ago
A picture


Amazon failed to quiet concerns over how Donald Trump’s sweeping tariffs would affect its e-commerce business as it reported its latest quarterly results on Thursday.Wall Street’s affinity for the tech giant faltered in response.The top line numbers from Amazon’s second quarter earnings report exceeded Wall Street’s projections.The tech company beat expectations with its revenue up 13.3% year over year to $167.

7bn.Market experts had estimated the company would report around $162bn in revenue and 9% percent growth.The company’s Amazon Web Services cloud computing division reported its sales reached $30.9bn in an increase of 17.5% year over year.

However, the company may not meet expectations on its operating income, reporting that it would bring in between $15,5bn and $20,5bn compared with expectations of about $19,4bn,Despite the generally positive revenue numbers, Amazon’s share price fell over 3% in after hours trading, a sign investors lacked confidence in the company’s immediate future.

Amazon’s stock was up about 6% so far this year before Thursday’s earnings call, following a rough first quarter that saw a decline due to uncertainty around how Trump’s tariffs would hurt its reliance on international sellers.The administration also criticized Amazon in April following a report that the company planned to itemize tariff-related price increases on its platform.No such itemization appeared on Amazon’s marketplace.Amazon’s earnings come as the company is engaged in big tech’s fevered spending race to dominate the artificial intelligence market.Companies including Google, Meta and Microsoft are pledging to spend tens of billions to advance the technology, while Amazon announced it would spend $100bn in 2025 with the “vast majority” of that going towards enhancing its AI capabilities.

The company’s CEO, Andy Jassy, touted Amazon’s AI investments in an earnings press release, claiming that it had deeply integrated AI services into many of its products and operations,“Our AI progress across the board continues to improve our customer experiences, speed of innovation, operational efficiency, and business growth, and I’m excited for what lies ahead,” Jassy said,Amazon has invested billions of dollars into huge datacenters to power its Amazon Web Services cloud business and expand its use of generative AI,In June, it announced a plan to spend $20bn building two facilities in Pennsylvania,Governor Josh Shapiro described it as the largest private sector investment in the state’s history.

Another Amazon facility in Indiana, the company’s biggest yet, stretches over 1,200 acres of land and is set to host at least 30 datacenters.Sign up to TechScapeA weekly dive in to how technology is shaping our livesafter newsletter promotionThe e-commerce giant has partnered with Anthropic, one of the biggest artificial intelligence startups to emerge from the recent boom, to increase its stature in the AI world and integrate the technology into its variety of services.Amazon has already invested $8bn in the AI company and may make another multibillion-dollar investment soon, according to a Financial Times report from this month.Amazon also struck a deal earlier this year with the New York Times to use some of their content for AI training purposes or for generating summaries with its products such as Alexa, with the Wall Street Journal reporting this week that the tech company would pay between $20m and $25m a year for the licensing rights.
cultureSee all
A picture

A men’s only club in Sydney has banned sockettes. Is it Victorian-era modesty or fashion policing below the ankle?

Caitlin. A literal “boys’ club” I haven’t heard of has banned a type of sock. What’s going on?Hold my prosecco and plate of canapes, do I have a story for you. According to the Australian Financial Review, the elite private members Australian Club in Sydney has embarked on a war on men’s socks, and the common sockette is in the firing line.As per the AFR, the club secretary has distributed amendments to its dress requirements for the clubhouse, which requires that jackets be “tailored” and that socks – which, they note, “must be worn by gentlemen” – should cover above the ankle

1 day ago
A picture

Justin Timberlake reveals Lyme disease diagnosis

Justin Timberlake has said he is suffering from Lyme disease, a serious illness usually contracted after being bitten by a tick and that has seen an upsurge in prevalence across a swathe of the US in recent years.In an Instagram post, the pop singer wrote: “I’ve been battling some health issues, and was diagnosed with Lyme disease – which I don’t say so you feel bad for me – but to shed some light on what I’ve been up against behind the scenes.”He added: “If you’ve experienced this disease or know someone who has – then you’re aware: living with this can be relentlessly debilitating, both mentally and physically. When I first got the diagnosis I was shocked for sure. But, at least I could understand why I would be on stage and in a massive amount of nerve pain or, just feeling crazy fatigue or sickness

2 days ago
A picture

Seth Meyers on Maga’s Epstein scandal: ‘They did this to themselves’

Late-night hosts continued to track the fallout from the Jeffrey Epstein scandal that Donald Trump just won’t let go and the Environmental Protection Agency giving up on the environment.Seth Meyers continued to relish Donald Trump’s Jeffrey Epstein scandal that just won’t go away, as the president was hounded by questions about his friendship with the convicted sex offender while in Scotland. “They did this to themselves,” the Late Night host said of Maga’s Epstein quagmire. “This is like if after Trump screamed they’re eating the dogs in a debate, Donald Trump started eating the dog.”Despite Trump’s evident frustration with the topic, “people haven’t moved on, because Trump and his Maga mates spent years cynically hyping up the Epstein conspiracy,” Meyers explained on Wednesday evening

2 days ago
A picture

From Zooey Deschanel to Captain Kirk doing Dylan: the best songs by actors, ranked!

It perhaps stretches the definition of “actor”: Parker starred in a soap opera, but was better known as pornographic actor Wade Nichols. However, Like an Eagle is incredible, a soaring, euphoric mid-tempo disco epic produced by his then-partner, Jacques Morali – and infinitely cooler than Morali’s biggest successes with Village People – so let’s bend the rules.Captain Kirk’s debut album raises questions: are its hysterical recitations of pop hits and Shakespeare soliloquies meant to be funny or a wildly misguided attempt at out-there art? They sound nuts either way. Later albums, where Shatner is audibly in on the joke, are somehow less fun; they’re certainly less disturbing.Produced by TV on the Radio’s Dave Sitek, Johansson’s debut album was heavy on Tom Waits covers and featured a cameo from David Bowie

2 days ago
A picture

Lewis Treston: the 10 funniest things I have ever seen (on the internet)

I am a playwright and PhD candidate, so I’ve wasted much of my life watching crap online. To give you an idea: during Covid, my housemate and I painstakingly ranked different performances of Chicago’s final electrifying dance number, The Hot Honey Rag.Regrettably, this article isn’t about critiquing toe-tapping murderesses vying for a comeback; it’s about what I find funny on the world wide web. These days, my algorithm mostly alerts me to red flags of narcissistic abuse, OnlyFans creators testing Instagram’s boundaries, and some harmless astrology. Sadly, none of the current content is particularly funny, but I’ve gone to great lengths scrolling through innumerable chat histories to a time when the internet still made me lol

3 days ago
A picture

Stephen Colbert on Trump’s Scotland trip: ‘A grift for the whole family’

Late-night hosts recap Donald Trump using his taxpayer-funded time to open up a golf course in Scotland and an effort to rename the Kennedy Center after him.“Folks, I read once that if you’re a passenger in an auto accident, it helps if you’re just a little drunk,” said Stephen Colbert on Tuesday evening. “Because – and the science backs this up – a drunk passenger is a little loose. And if you’re a little loose, you’re less likely to get severely injured than if you tense up right before impact.”“Which brings me to our president,” the Late Show host continued

3 days ago
societySee all
A picture

Attacks on prison officers and inmate deaths at record levels in England and Wales

2 days ago
A picture

Staff fear to speak up at NHS hospital trust under police investigation, report says

2 days ago
A picture

World’s ‘oldest baby’ born from embryo frozen in 1994

2 days ago
A picture

Mother’s instinct not addressed, report on death of boy sent home from Rotherham A&E says

2 days ago
A picture

First NHS AI-run physio clinic in England halves back-pain waiting list

2 days ago
A picture

The care sector needs migrant workers. Labour’s visa crackdown is a cynical move | Letter

3 days ago