The massive capex comes as Amazon's cloud and AI rivals up their spending. Google-parent company Alphabet, said on its most recent earnings call that it expects to spend $75 billion on capital ...

How long can computer servers be expected to last? Don’t groan—that’s a real issue. After all, if a company is spending tens of billions on servers annually, they presumably don’t want to replace them ...

For the past couple of years, the Magnificent Seven stocks have had an amazing run. However, there have been a handful of ...

A mid-January note from Mitra Azizirad, Microsoft's chief operating officer of strategic mission and technologies, also ...

Major U.S. stock indexes slid on Friday as investors digested closely watched monthly employment numbers and a sharp drop in consumer sentiment.

On Dec. 31, Alphabet reported YouTube ad revenue jumped to 14% at $10.473 billion, going beyond what analysts predicted. The ...

Alphabet shares are likely to find round Number support from the $180 price level. This price served as resistance for the stock in November before Alphabet shares ripped through it following the ...

Amazon’s chief executive had predicted the company would spend more in 2025 than the roughly $83 billion it spent last year.

Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its AI investments.

Amazon CEO Andy Jassy revealed to investors Thursday that the company plans to spend more than $100 billion in capital expenditures on AWS and AI development in 2025.

Meta, Microsoft, Amazon and Alphabet are planning on spending $320 billion this year, with a primary focus on boosting their AI products ...

The rise of artificial intelligence in finance has led many investors to question whether AI-powered tools like ChatGPT can ...