Zacks.com users have recently been watching Amazon (AMZN) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Bloomberg reported Wednesday that Meta is developing a cloud business that would sell access to AI computing power and models. Management expects 2026 capital expenditures of $125 billion to $145 billion, up from $72.2 billion in 2025.
Meta Platforms (NASDAQ:META | META Price Prediction) is reportedly considering renting idle GPU capacity as a cloud business, and the market has picked sides.
The Magnificent Seven have been dragging their feet, at least relative to the rest of the tech scene in the past year.
Amazon plans $200 billion in capital expenditures in 2026. Analysts expect the business to post a $10 billion free cash flow loss this year.
CNBC's Arjun Kharpal sits down Amazon's Panay on the latest episode of The Tech Download podcast. Amazon is one of a number of tech companies looking to develop new generations of screenless AI-enabled devices.
Amazon's Prime Day helped lift U.S. online retail sales by 9.3% over last year. AI is a growth catalyst for AWS and a game changer for e-commerce profit margins.
Google and Amazon this week reported sharp increases in greenhouse gas emissions, driven by the frantic construction of artificial intelligence infrastructure that is pushing the tech giants further from their carbon-neutrality pledges.
Meta is reportedly building a cloud business that would sell AI computing power, putting it in competition with Amazon Web Services. AWS revenue grew 28% year over year in the first quarter -- its fastest growth in 15 quarters.
Amazon's head of devices and services discussed the company's focus on artificial intelligence, Alexa Plus and new types of technology to support it.