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 ...

Key Takeaways Amazon shares dropped Friday after the tech giant said it plans to spend over $100 billion this year to support ...

Developing AI technology is not cheap at all. It costs billions of dollars to train AI models, and this is why most of the ...

The latest consumer sentiment data showed near-term inflation expectations rose to their highest level since November 2023.

Major U.S. stock indexes slid on Friday as investors digested closely watched monthly employment numbers and a sharp drop in consumer sentiment.

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.

Amazon's forecasted spending in 2025 is 35% higher than 2024 and well above the $86 billion analysts expected.

Amazon (AMZN) delivered its fourth-quarter results after Thursday’s market close, exceeding expectations on both revenue and ...

Meta, Google, Amazon, and Microsoft are ramping up their AI capex spend, despite investor concerns that it's undermined by ...

Amazon stock is at the bottom of the Dow Friday as the e-commerce giant's soft outlook offsets a fourth-quarter beat. This is ...

S&P 500 gains 0.4% despite soft jobs data and Amazon earnings miss. Tech sector weighs AI costs as Meta's rally extends and Nike struggles.