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, ...
Bedrijfstakpensioenfonds Voor DE Media PNO lowered its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 6.9% in the ...
The rise of artificial intelligence in finance has led many investors to question whether AI-powered tools like ChatGPT can ...
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 ...
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 said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its AI investments.
The Dow, S&P 500 and Nasdaq are falling on Friday as the stock market digests the January jobs report and fears about higher inflation.
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.
Wall Street faces pressure as consumer inflation worries grow and Amazon's outlook disappoints, despite mixed job market data.
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