Friday, February 6, 2026 at 11:26 AM
Amazon's shares have declined as the company announces a significant increase in AI spending, raising concerns among investors about the timing of returns on such investments.
Amazon Shares Sink as Company Boosts AI Spending by Nearly 60%(current)
Boring companies look a lot more interesting after an AI-driven rout in highflying tech shares.
Plus, Amazon’s big bills
Breaks for investment and research lowered the company’s payments to the U.S. government.