Amazon plans $200B AI spending surge, sinking stock

finance.yahoo.com

Amazon plans $200B AI spending surge, sinking stock

finance.yahoo.com

cat_fishing@feddit.online to

Stocks@lemmy.worldEnglish · 16 days ago

Amazon stock sinks after company touts $200 billion AI spending plans, offers cautious profit outlook

finance.yahoo.com

Amazon reported its Q4 earnings on Thursday, and a big investment in its AI plans saw investors send shares lower.

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