Amazon sees 50% boost to capital spending this year, shares tumble
Feb 5 : Amazon on Thursday projected a surge of more than 50 per cent in capital expenditures this year, joining its peers in a spending spree to build out artificial-intelligence infrastructure, and sending its shares down 11.5 per cent in after-hours trading.As the shares sputtered on news that Amazon would
5 Feb 21:07 · CNA