Amazon Stock Slides Friday Amid Concerns About AI Spending, Soft Forecast
Key Takeaways Amazon shares dropped Friday after the tech giant said it plans to spend over $100 billion this year to support ...
The Score: Constellation, Mattel, Amazon and More Stocks That Defined the Week
President Trump’s looming trade war weighed on stocks as companies scramble to adjust their supply chains. On Monday, the U.S ...
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Amazon Eyes $100 Billion In AI Spending Rush But Warns Cloud Growth Will Be 'Lumpy'
Amazon Chief Executive Andy Jassy said AI represents "the biggest technology shift and opportunity in business since the internet" But capacity constraints could make AI growth "lumpy," he told ...
Stock market today: Dow drops 440 points amid inflation and tariff worries as Amazon slides
U.S. stocks are slumping Friday amid worries about higher inflation and tariffs, while a closely watched report gave a mixed ...
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Why Amazon (AMZN) Stock Is Trading Lower Today
What Happened? Shares of cloud computing and online retail behemoth Amazon (NASDAQ:AMZN) fell 7.1% in the afternoon session ...
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.