Advertising remains a high-growth segment, with a 22% year-over-year increase in sales in the fourth quarter, right behind ...
Shares of the technology giant have dipped after a massive spending push related to artificial intelligence.
U.S. stocks ended higher to, led by gains in Alphabet, Amazon and other Wall Street heavyweights after the Supreme Court struck down President Donald Trump’s global tariffs.
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Wall Street Shook by Amazon Earnings Miss and $200 Billion AI Spending Shocker
Quick Read Amazon (AMZN) shares tumbled after it missed Q4 EPS estimates and unveiled a $200 billion 2026 capex plan. Amazon’s free cash flow declined year-over-year as infrastructure spending surged.
While this fourth-quarter purchase might seem like cause for celebration, investors would be wise to temper their expectations.
Amazon takes 5.3% stake in BETA Technologies, shares higher. Moderna drops after FDA refuses to file for mRNA-1010 influenza vaccine. Estée Lauder sues Walmart for selling counterfeits.
Wall Street has soured on Amazon more than its Magnificent 7 peers. The stock has been in a free fall in February, dropping 17 percent and erasing roughly $450 billion in market capitalization. Among ...
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