An apparent breakthrough in efficiency from the Chinese start-up did not make tech’s biggest companies question their ...
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 ...
The monthly jobs report showed the U.S. added 143,000 Jobs in January, fewer jobs than economists expected. The unemployment rate ticked down to 4%. Follow along for live updates on stocks and other ...
Major U.S. stock indexes slid on Friday as investors digested closely watched monthly employment numbers and a sharp drop in consumer sentiment.
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.
Business columnist Jon Talton looks at the health of downtown Seattle, where exciting changes are happening but work is left to be done.
Meta, Google, Amazon, and Microsoft are ramping up their AI capex spend, despite investor concerns that it's undermined by ...
FEATURE It is about halfway through the fourth-quarter earnings season, with results available for most of the market’s top ...
Amazon's forecasted spending in 2025 is 35% higher than 2024 and well above the $86 billion analysts expected.
(Reuters) -Amazon.com shares fell 2% on Friday after the tech giant reported lackluster cloud revenue growth, amplifying ...
Similar to Microsoft ( MSFT) and Meta ( META) this earnings season, Amazon uncorked a whopper of a capex guide. It sees $104 billion in capex spending this year, well above analyst forecasts of $80 ...
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