Amazon sees 50% boost to capital spending this year, shares tumble

By Greg Bensinger and Deborah Mary Sophia Feb 5 (Reuters) - Amazon on Thursday projected a surge of more than 50% in capital ...

Amazon shares crash over 11% after-market hours. What triggered the sell-off in FAANG stock

Amazon’s stock fell more than 11% in after-hours trading after the company said it would raise capital spending by nearly 60% to about $200 billion this year, sparking investor concerns over rising AI ...