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Amazon shares slide 9% as heavy AI spending plan rattles investors

Amazon shares fell sharply on Friday, sliding more than 9% after the company outlined an aggressive capital spending plan that unsettled investors already wary about the sustainability of the artificial intelligence boom. The drop added to a broader technology selloff, as market participants questioned whether escalating investments in AI infrastructure could outpace future returns and create excess capacity across the sector. The e-commerce and cloud computing group disclosed in it

Stock Market

06 Feb 2026 13:29 PM 158 views

Amazon shares slide 9% as heavy AI spending plan rattles investors

Stock Market

UPS plans 30,000 job cuts in 2026 as Amazon partnership winds down

United Parcel Service announced Tuesday that it plans to eliminate approximately 30,000 positions during the current year as the company continues to wind down its longstanding business relationship with Amazon and executes a broader, multi-year turnaround strategy. The workforce reduction is expected to be driven primarily by lower shipping volumes connected to the gradual exit from Amazon-related operations. Speaking during a conference call with analysts following the release of

Business

27 Jan 2026 10:09 AM 194 views

UPS plans 30,000 job cuts in 2026 as Amazon partnership winds down

Business

Nvidia becomes first company to surpass $4 trillion in market value

Nvidia has reached an unprecedented milestone by becoming the first publicly traded company in history to surpass a $4 trillion market valuation. This historic achievement, reached on Wednesday, showcases the company’s rapid ascent in the global technology landscape, driven largely by the surging demand for its artificial intelligence-focused chips. Shares of Nvidia rose by 2.5% in early trading on Wednesday, climbing by $3.97 to exceed $164 per share. This marks a staggerin

Stock Market

09 Jul 2025 12:54 PM 824 views

Nvidia becomes first company to surpass $4 trillion in market value

Stock Market

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Amazon shares slide 9% as heavy AI spending plan rattles investors

Amazon shares slide 9% as heavy AI spending plan rattles investors

UPS plans 30,000 job cuts in 2026 as Amazon partnership winds down

UPS plans 30,000 job cuts in 2026 as Amazon partnership winds down

Nvidia becomes first company to surpass $4 trillion in market value

Nvidia becomes first company to surpass $4 trillion in market value

Montara residents call for urgent wildfire cleanup on state-owned land

Osaka, Azarenka Advance at Bad Homburg Ahead of Wimbledon

Chandrababu Naidu: The Phoenix of Indian Politics

Deputy and Suspect Injured in Houston Courthouse Shootout, Authorities Say

Andhra Pradesh student found dead in US after falling ill for days

DC residents protest federal takeover of Metropolitan Police Department

Trump says Russia-Ukraine peace deal closer than ever amid Berlin talks

Sonoma County man arrested for killing 94-year-old father-in-law

Embark on Your DIY Electronics Adventure

First Chance of Snowflakes in Chicago Area as Cold Weather Arrives

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Montara residents call for urgent wildfire cleanup on state-owned land

Osaka, Azarenka Advance at Bad Homburg Ahead of Wimbledon

Chandrababu Naidu: The Phoenix of Indian Politics

Deputy and Suspect Injured in Houston Courthouse Shootout, Authorities Say

Andhra Pradesh student found dead in US after falling ill for days

DC residents protest federal takeover of Metropolitan Police Department

Trump says Russia-Ukraine peace deal closer than ever amid Berlin talks

Sonoma County man arrested for killing 94-year-old father-in-law

Embark on Your DIY Electronics Adventure

First Chance of Snowflakes in Chicago Area as Cold Weather Arrives

#earningsreport

Amazon shares slide 9% as heavy AI spending plan rattles investors

Amazon shares slide 9% as heavy AI spending plan rattles investors

UPS plans 30,000 job cuts in 2026 as Amazon partnership winds down

UPS plans 30,000 job cuts in 2026 as Amazon partnership winds down

​Nvidia becomes first company to surpass $4 trillion in market value

​Nvidia becomes first company to surpass $4 trillion in market value

Montara residents call for urgent wildfire cleanup on state-owned land

Osaka, Azarenka Advance at Bad Homburg Ahead of Wimbledon

Chandrababu Naidu: The Phoenix of Indian Politics

Deputy and Suspect Injured in Houston Courthouse Shootout, Authorities Say

Andhra Pradesh student found dead in US after falling ill for days

DC residents protest federal takeover of Metropolitan Police Department

Trump says Russia-Ukraine peace deal closer than ever amid Berlin talks

Sonoma County man arrested for killing 94-year-old father-in-law

Embark on Your DIY Electronics Adventure

First Chance of Snowflakes in Chicago Area as Cold Weather Arrives

Popular Cities

Nvidia becomes first company to surpass $4 trillion in market value

Nvidia becomes first company to surpass $4 trillion in market value