Amazon’s $450 Billion Loss! Is AI Spending Too Much?
Did Amazon just lose over $450 billion in nine days? That's the stunning reality Amazon faced recently, as its stock experienced its worst losing streak since 2006. This dramatic downturn was triggered by the company's massive $200 billion planned capital expenditure for artificial intelligence initiatives, significantly exceeding investor expectations. CEO Andy Jassy's company is betting big on AI, but the market's reaction shows investors are questioning the immense cost. Will this ambitious AI push ultimately pay off, or is it a costly gamble? Subscribe now to find out what happens next.
Tags/Hashtags: #amazon #stock #ai #ceo #investing #earnings #amazon
Leave a Reply