Amazon’s profit is suddenly going through the roof, fueling CEO Andy Jassy’s $100 billion AI spending spree to fight Google and Microsoft
Jassy told analysts on an earnings call Thursday that Amazon will spend around $100 billion or more on capital expenses in ...
Invested in the Magnificent Seven? Here's why this fundie doesn't hold 2 of the stocks
Some fund managers and ASX ETF index managers are only investing in some of the US Mag 7 stocks. The post Invested in the ...
Here's the $280 billion reason that AI-chip stocks will be just fine
Investors still worrying about chip stocks in light of fears of lower spending on AI can breathe a sigh of relief now that Amazon has joined in with three other Big Tech companies committed to massive ...