Amazon's cash balance is expected to hit almost $400 billion by 2027, far outpacing its tech rivals. This cash gusher stems from record profits, cost cutting, and success in cloud and advertising.

Christmas has come early for big tech. That's the prevailing sentiment from Wedbush Securities amid the news that President-elect Donald Trump named Andrew Ferguson to lead the U.S. Federal Trade ...

Amazon Pours Fuel on Big Tech Spending After DeepSeek Panic. E-commerce giant pulls ahead of rivals in AI’s investment race with plan for over $100 billion in capex this year. By .

Amazon shares were down 1% in New York on Friday. Apple tanked 5%. The company gets “full marks for transparency and resilience, but macro headwinds and tariffs drive modestly lower earnings ...

Amazon.com is expected to join Google and Microsoft on Thursday in reporting a surge in capital spending on artificial intelligence as Big Tech companies rush to capitalize on the booming technology.

Amazon also said it is investing in X-Energy, which is developing new technology for "next generation" SMRs, as part of a $500 million funding round that also includes the University of Michigan ...

Three new books explore the fraught relationships between tech companies and the U.S. government through close looks at Jeff Bezos’ Amazon and Elon Musk’s X.