Tech giants plan to spend billions of dollars to build their AI infrastructure, contrary to the frugal economics of Chinese startup DeepSeek's (DEEPSEEK) AI model. U.S. companies, including Alphabet's ...
E-commerce giant Amazon reported strong earnings Thursday but, like its big tech peers Microsoft and Google, saw its stock ...
We recently compiled a list of the 9 Must-See AI News Updates That Are Trending on Wall Street. In this article, we are going ...
Amazon's beat Wall Street's overall expectations with $187.8 billion in net sales, up 10%, and came in well ahead on the ...
Shares of Marvell Technology Inc. declined by 7.23 percent on Friday to end at $110.62 apiece as investors resorted to profit ...
Tech giants Meta, Amazon, Alphabet, and Microsoft are set to spend a record $320 billion on AI and data centers in 2025, up ...
According to Fortune Business Insights, the cloud computing market could still grow at a compound annual growth rate (CAGR) ...
Sheets Smith Wealth Management raised its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.7% in the 4th quarter, ...
White Pine Investment CO increased its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 1.9% during the 4th quarter, according to ...
The expected $100 billion annual capex, up from $83 billion last year, also includes e-commerce warehouses and offices.
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 ...