The shift comes as Big Tech cozies up to the Trump Administration, which has introduced several executive orders aimed at ...

Amazon’s chief executive had predicted the company would spend more in 2025 than the roughly $83 billion it spent last year.

Following Trump's lead, organizations including Walmart, Lowe’s and Meta have announced they would scale back their ...

Big tech companies Meta Platforms and Alphabet’s Google are among the companies that have rolled back such programs in the ...

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

Similar to Microsoft ( MSFT) and Meta ( META) this earnings season, Amazon uncorked a whopper of a capex guide. It sees $104 ...

Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its AI investments.

Futures tied to major indexes are little-changed Friday morning as investors await the release of employment data that will provide clues on the health of the economy and the outlook for interest ...

"The most successful holiday shopping season yet": Jassy flagged the 10% growth in revenue, which came in ahead of ...

GOOGL had already surprised markets with the scale of its investment in AI. CEO Sundar Pichai said spending on data centers and servers would rise to $75 billion this year from $53 billion in 2024, a ...

Amazon faced ~900 Mn FX headwind in 4Q’24 which was ~700 mn higher than assumed. For the third consecutive quarter, AWS grew ...

Investors still worrying about chip stocks in light of fears of lower spending on AI can breathe a sigh of relief now that Amazon has joined in with three other Big Tech companies committed to massive ...