U.S. stocks are slumping Friday amid worries about higher inflation and tariffs, while a closely watched report gave a mixed picture of the U.S. job market. The S&P 500 was down 0.9% and on track to ...
Amazon says it expects to spend in excess of $100 billion this year, with the “vast majority” going straight into AI projects ...
FY25 revenue growth guidance of 5%-9% is impacted by FX and extra sales days in the previous year. Click for my AMZN stock ...
The chief executives of both Amazon (AMZN) and Alphabet (GOOGL) are moving to sell millions of dollars of company stock that ...
Amazon shares fall on struggle to keep up with AI demand despite plans for $100B in capital spending
Amazon’s chief executive had predicted the company would spend more in 2025 than the roughly $83 billion it spent last year.
Amazon CEO Andy Jassy revealed to investors Thursday that the company plans to spend more than $100 billion in capital expenditures on AWS and AI development in 2025.
CEO Andy Jassy said growth at the e-commerce and cloud service giant has been hampered by bottlenecks in computing and power ...
The company will keep fueling infrastructure spend to support AI and cloud, amid what CEO Andy Jassy described as a ...
Amazon's lackluster outlook for FY25 and growth in its cloud services spooked investors, but analysts see a buying ...
Meta, Google, Amazon, and Microsoft are ramping up their AI capex spend, despite investor concerns that it's undermined by ...
Amazon was falling on Friday after making a huge commitment to spending on artificial intelligence. Analysts are backing the ...
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