Shares in the company slid by eight per cent after it became the latest tech giant to commit to vast spending plans in a bid to keep pace with rivals across the sector ...
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The Seattle-based behemoth’s stock has struggled against its Magnificent 7 peers. Amazon posted a 5.2% gain in 2024, the worst performance in the elite club, and significantly lower than the benchmark ...
Amazon stock fell sharply in after-hours trading on February 5 after the company forecast a major jump in 2026 capital spending. The move came even as the firm ...
Amazon has said that it is planning to pump more funding into AI, chips and robotics after launching $200bn (£147bn) ...
Amazon plans to invest $200bn in artificial intelligence and robotics this year, following a significant layoff at the Post.
Amazon's $200 billion capex plan for 2026 shocked Wall Street, wiping 10% off its stock price while 16,000 laid-off workers ...
Amazon shares dove more than 8 percent yesterday as the computing and retail titan reported strong sales but raised spending estimates.
Amazon stock slides 10% following mixed earnings and a $200bn AI investment forecast, fuelling investor unease and worker ...
Amazon shares dove more than 11 percent on Thursday as the computing and retail titan reported strong sales but significantly boosted spending estimates.
Amazon shares plunged after hours despite beating fourth-quarter revenue estimates as investors fixated on the company's ...