Feb 6 (Reuters) – Amazon shares dropped 8% in premarket trading on Friday after the company’s hefty capital expenditure plans deepened investor worries over Big Tech’s spending spree on artificial intelligence. Massive AI spending by companies – Read More
Tags :spending spree
Reuters Videos Fri, February 6, 2026 at 12:53 AM EST STORY: Amazon shares plunged in after-hours trade Thursday, falling around 11%.The tumble came after it projected a surge of more than 50% in capital expenditures this year.The e-commerce Read More
Google’s planned $185bn spending spree represents the single biggest capital expenditure prediction of any company – Josh Edelson/AFP or licensors Google is preparing to spend a record $185bn (£138bn) as it races to counter Read More