Amazon was falling on Friday after making a huge commitment to spending on artificial intelligence. Analysts are backing the move to pay off.

Similar to Microsoft and Meta this earnings season, Amazon uncorked a whopper of a capital spending guide. It sees $104 billion in capital expenditures this year, well above analy

U.S. stock indexes are holding relatively steady following a mixed report on the job market that analysts said may not change much for financial markets. The S&P 500 was up 0.2% in early trading Friday and remained on track for a modest gain for the week.