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Big Tech's AI spending rattles markets
E-commerce giant Amazon reported strong earnings Thursday but, like its big tech peers Microsoft and Google, saw its stock price fall on concerns over high AI investment costs. However, Amazon's ...
Amazon Posts Solid Earnings. A Cloud Miss and Weak Outlook Are Hurting the Stock.
Revenue for the quarter reached $187.8 billion, against expectations of $187.3 billion, and up 10% on the year.Amazon’s ...