Amazon shares sink as Big Tech's AI spending plans worry investors

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Amazon shares tumble as $200B AI spending spree rattles investors

New York Post

• 1d ago

Amazon shares tumble as $200B AI spending spree rattles investors

CEO Andy Jassy struck a defiant tone in the company’s conference call to discuss results, swiping at competitors and boasting about AWS’s many new offerings.

Amazon sees 50% boost to capital spending this year; shares tumble

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Big Tech Stocks Decline Amid AI Bubble Concerns and Increased Spending

Unknown Source

• 2d ago