Amazon Plans $200B AI Spending Spree as Investors Push Back
Amazon announces massive $200 billion capital expenditure plan for 2026, focusing on AI infrastructure. Stock drops 8% as investors question timing of returns on AI investments.
Amazon announces massive $200 billion capital expenditure plan for 2026, focusing on AI infrastructure. Stock drops 8% as investors question timing of returns on AI investments.
Peloton shares jumped after investor Eric Jackson announced he’s long the stock. He called it cheap on strong free cash flow and highlighted insider confidence.
Citigroup dismissed as "baseless speculation" a Bloomberg report that it is considering buying a U.S. regional bank. The bank says it remains focused on organic growth and completing its turnaround under CEO Jane Fraser.
US appeals court overturns $16.1 billion judgment against Argentina in the YPF nationalization lawsuit. A major victory for President Milei that clears the path for Argentina’s return to international markets.