Amazon increased its AI spending to $220 billion for 2026, up from $200 billion, largely due to rising memory costs. AI spending overall is rising at a shocking clip, by some estimates up 500% since 2022.

Amazon (AMZN +0.81%) is lowering its cost to serve customers.

The tech giant is investing in the natural-gas-burning power plant as part of a huge data center in Texas, even as it pledges to honor climate commitments.

Spending on Amazon Web Services appears to be paying off. Several years of strong growth is likely ahead for the cloud computing business.

Empirical Finance LLC grew its position in Amazon.com, Inc. (NASDAQ: AMZN) by 9.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 377,013 shares of the e-commerce giant's stock after purchasing an additional 33,960 shares during the quarter. Amazon.com makes up 3.7%

Courage Capital Management LLC bought a new position in Amazon.com, Inc. (NASDAQ: AMZN) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 4,000 shares of the e-commerce giant's stock, valued at approximately $833,000. Amazon.com comprises about 1.2% of Courage Capital Management LLC's portfolio, making the

Epoch Investment Partners Inc. cut its position in Amazon.com, Inc. (NASDAQ: AMZN) by 4.4% in the undefined quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 597,495 shares of the e-commerce giant's stock after selling 27,504 shares during the quarter. Epoch Investment Partners Inc.'s holdings in

Boreal Capital Management LLC grew its stake in Amazon.com, Inc. (NASDAQ: AMZN) by 21.0% in the undefined quarter, according to its most recent filing with the SEC. The firm owned 25,647 shares of the e-commerce giant's stock after buying an additional 4,450 shares during the quarter. Amazon.com accounts for approximately 5.0% of Boreal

Dai ichi Life Insurance Company Ltd raised its stake in shares of Amazon.com, Inc. (NASDAQ: AMZN) by 2.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 534,209 shares of the e-commerce giant's stock after purchasing an additional 12,401 shares during the quarter. Amazon.com accounts

Cumberland Partners Ltd cut its stake in Amazon.com, Inc. (NASDAQ: AMZN) by 4.7% during the undefined quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 262,111 shares of the e-commerce giant's stock after selling 12,909 shares during the quarter. Amazon.com makes up approximately 4.1% of Cumberland