When Amazon announced it was cutting 16,000 corporate jobs, many assumed it was the latest phase of CEO Andy Jassy’s push to ...
By Kanchana Chakravarty and Aditya Soni Feb 6 (Reuters) - Amazon.com shares slid 9% on Friday after the company outlined a ...
Amazon on Thursday projected a surge of more than 50% in capital expenditures this year, joining its peers in a spending ...
By Greg Bensinger and Deborah Mary Sophia Feb 5 (Reuters) - Amazon on Thursday projected a surge of more than 50% in capital ...
The company also said it expects capital expenditures to hit roughly $200 billion in 2026, compared with $146.6 billion estimated by analysts.
Amazon has become a lightning rod in the growing debate about AI layoffs. As headlines circulate about job cuts across ...
In 2026, Amazon’s reported $200 billion push into artificial intelligence is reshaping the competitive landscape across cloud computing, enterprise software, ...
The company boosted its 2026 capital expenditures to $200 billion, with most of the spending going to data centers.
Feb 6 (Reuters) - Amazon shares dropped 8% in premarket trading on Friday after the company's hefty capital expenditure plans ...
Amazon is reportedly in talks on a potential $50 billion investment in OpenAI, a deal that could bring OpenAI’s AI models to ...
Amazon is a mega-cap company recycling its torrent of cashflows back into a generational opportunity to cement its place at ...