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2024 November


Big Tech says its AI spending spree will pay off. Wall Street is worried

Big Tech says its AI spending spree will pay off. Wall Street is worried

Amazon chief Andy Jassy struck a similar note: “I think we’ve proven over time that we can drive enough operating income and free cash flow to make this a very successful return on invested capital business.


Amazon earnings are today. Here’s what to expect

Amazon earnings are today. Here’s what to expect

The retail and cloud giant is expected to report revenues of $157.3 billion for the quarter ended in September, according to analyst estimates compiled by FactSet (FDS0.00%).