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 ...

Amazon shares dropped Friday and some analysts lowered their price targets amid concerns about the tech giant's plans to ramp ...

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 e-commerce giant is pulling ahead of rivals in the AI investment race with plans for more than $100 billion in capital expenditures this year.

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 (NASDAQ: AMZN) stock is slipping in Friday's trading. Amazon published its fourth-quarter results after the market ...

Amazon has agreed to pay nearly $4 million to settle charges that the e-commerce company subsidized its labor costs by taking ...

Nvidia stock rise has helped the chip maker to recoup a large chunk of its losses from the last week, when it witnessed a ...

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.