Coalition ‘concerned’ over UK appointing ex-Amazon exec as antitrust regulator chair
A coalition of organizations and individuals have signed an open letter expressing concern at the U.K. government's decision ...
Amazon Stock Is Down Amid Doubts About Its $100 Billion AI Bet
Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its AI investments.
Amazon faces new union test in North Carolina
North Carolina is a state that is generally hostile to unions. Amazon is a company that is, historically, extremely hostile to unions. Now an upstart union is attempting to represent more than 4,000 ...
Amazon shares fall on struggle to keep up with AI demand despite plans for $100B in capital spending
Amazon’s chief executive had predicted the company would spend more in 2025 than the roughly $83 billion it spent last year.
Amazon cuts reference to diversity from annual report as Trump wages war on DEI
Amazon.com eliminated a reference to "inclusion and diversity" in its annual report filed on Thursday, after telling ...
Amazon dips after cloud growth disappoints investors
Amazon.com shares fell 4% on Friday after the technology heavyweight's quarterly cloud computing revenue growth disappointed ...
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 2025, up at least 20% from 2024. The "vast majority" of ...