In its fourth quarter earnings release, Amazon (AMZN) revealed it plans to spend $200 billion on capex in 2026. On the earnings call, Amazon CEO Andy Jassy explains why with AI, the company sees "a ...
Revenue: $213.4 billion, up 12% year over year, excluding foreign exchange impact. Operating Income: $25 billion, including special charges reducing income by $2.4 billion. Free Cash Flow: $11.2 ...
Here’s what could happen to Amazon shares next. Amazon plans $200 billion capital expenditure in 2026, alarming investors and dropping the stock price. Bank of America reset Amazon’s price target.
Amazon (AMZN) slumped in late trading on Thursday after setting the stage for massive AI spending this year. The Seattle-based e-commerce giant reported revenue was up 14% year-over-year to $213.4B, ...
Amazon announced a second round of massive job cuts Friday as part of its earlier announced goal of laying off 30,000 corporate employees. The latest cuts will remove 14,000 white-collar jobs and will ...
A new Amazon Go convenience store location will be opening soon at 17710 Canyon Road East in Frederickson, seen in February 2023. The retail giant has announced it is closing its Go stores. Cheyenne ...
The Seattle-based company plans to begin issuing pink slips starting Tuesday, according to a Reuters report, citing two people familiar with the matter. This is part of Amazon's broader effort to cut ...
UPS announced it will eliminate an additional 30,000 operational jobs as it winds down its partnership with Amazon. The cuts come after the company eliminated 48,000 jobs in 2025. The eliminations are ...
In the latest grassroots uprising against the Trump administration's immigration enforcement tactics, a boycott is urging consumers to resist top technology companies. Launched by New York University ...
Microsoft saw its worst day since the Covid crisis just days ago, and now Amazon is seeing a similar reaction. Amazon shares were down 4.4% during regualr hours and now another 10% after hours. This ...
Amazon customers have been urged to remain vigilant for a scam which specialists describe as especially credible. Consumer experts have cautioned that fraudsters are deploying this tactic to obtain ...
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