On February 6, e-commerce giant Amazon announced it will boost its spending in 2025 with a projected $100 billion earmarked ...

In 2024, this spending was still $83 billion. Amazon is trying to invest quickly in AI as competition from companies such as ...

Chinese artificial intelligence (AI) start-up DeepSeek sent shockwaves through the U.S. tech sector after its cost-effective, ...

Amazon said it plans to boost capital expenditures to $100 billion in 2025, largely driven by AI investments. The company reported $83 billion in capital expenditures last year. Amazon has been racing ...

The bullish camp — tagged under JPMorgan's DeepSeek Positive Impact — is a who's who of AI titans and cloud leaders. Alphabet ...

Amazon.com Alibaba and Temu parent PDD Holdings were among the e-commerce stocks tumbling on Wednesday after the U.S. Postal Service said it would temporarily suspend all inbound parcels from mainland ...

BlackRock (NYSE: BLK) oversees more than $11.6 trillion worth of client money, making it the largest asset manager in the world. Around $3.5 trillion of that is invested in exchange-traded funds (ETFs ...

AI stocks are on the move after hours. The primary catalyst is earnings from Alphabet (Nasdaq: GOOGL).  While Alphabet shares ...

AMD: Tech giants such as Microsoft, Amazon, and Meta are increasingly dedicating resources to developing their own silicon ...

While the e-commerce behemoth is still a solid growth prospect, a handful of names are positioned to leapfrog Amazon in terms ...

Dennis Unkovic, a partner at Meyer, Unkovic & Scott, said in a latest program on CNBC that DeepSeek is the result of President Xi Jinping’s policy of prioritizing AI and tech research over the past ...

Amazon is laying off a "small number" of employees in its communications and sustainability units. The company laid of more ...