Amazon wants to spend $100 billion this year for ‘once in a lifetime' AI opportunity
Amazon says it expects to spend in excess of $100 billion this year, with the “vast majority” going straight into AI projects ...
Dow Jones Today: Stocks Slide After Jobs, Consumer Sentiment Reports; Major Indexes Post Weekly Losses
Major U.S. stock indexes slid on Friday as investors digested closely watched monthly employment numbers and a sharp drop in consumer sentiment.
Amazon Stock Drops After Softer-Than-Expected Sales Outlook
Amazon shares fell after the e-commerce and cloud company's sales outlook missed analysts' expectations. Some key figures for last quarter: Earnings came in at $1.86 a share, about 25% above analyst ...
Amazon shares fall on struggle to keep up with AI demand despite plans for $100B in capital spending
Amazon shares dropped 4% on Friday after CEO Andy Jassy warned the company could face capacity constraints in its cloud ...