An apparent breakthrough in efficiency from the Chinese start-up did not make tech’s biggest companies question their ...
Sheets Smith Wealth Management raised its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.7% in the 4th quarter, ...
The rise of artificial intelligence in finance has led many investors to question whether AI-powered tools like ChatGPT can ...
The expected $100 billion annual capex, up from $83 billion last year, also includes e-commerce warehouses and offices.
The massive capex comes as Amazon's cloud and AI rivals up their spending. Google-parent company Alphabet, said on its most recent earnings call that it expects to spend $75 billion on capital ...
Amazon shares dropped Friday and some analysts lowered their price targets amid concerns about the tech giant's plans to ramp ...
The e-commerce giant is pulling ahead of rivals in the AI investment race with plans for more than $100 billion in capital expenditures this year.
Major U.S. stock indexes slid on Friday as investors digested closely watched monthly employment numbers and a sharp drop in consumer sentiment.
Amazon ( AMZN -3.99%) stock is slipping in Friday's trading. The tech giant's share price was down 4.1% as of 2:30 p.m. ET. Meanwhile, the S&P 500 ( ^GSPC -0.81%) was down 1%, and the Nasdaq Composite ...
Amazon has agreed to pay nearly $4 million to settle charges that the e-commerce company subsidized its labor costs by taking ...
Nvidia stock rise has helped the chip maker to recoup a large chunk of its losses from the last week, when it witnessed a ...
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.
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