Amazon's shares dropped 5.6% on news the company plans $200 billion of AI-related spending this year. That has lopped a similar sum off its market value. The stock loss translated to a drop of about ...
An Amazon delivery vehicle in San Francisco this month. Shares of the tech and retail giant have slumped of late.David Paul Morris/Bloomberg News Shares of retail and tech giant Amazon were down more ...
US stocks took sizable hits again on Thursday in a fruitless search for a reprieve from a building tech sell-off as investors awaited Amazon earnings, assessed Alphabet's big AI spending plans, and ...
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