Amazon's AI Spending Raises Concerns Amid Cloud Revenue Surge

Tech Stocks Poised to Drop After Amazon Adds to AI Spending Fear

10/30/2026

Tech stocks were poised to drop after Amazon.com Inc. reported greater capital spending than anticipated and the slowest growth in the core e-commerce business in three years.

Neowin

Amazon's AWS revenue surges 39% to $46 billion, but massive AI spending drains cash flow

10/30/2026

With full-year capital expenditures projected to hit $220 billion, Amazon's after-hours trading saw shares retreat roughly 7% despite a blowout quarter.

Fortune

Amazon shares sink as spending on AI overshadows growth in cloud unit

10/29/2026

E-commerce giant is among the biggest spenders on AI infrastructure.

Reuters

Amazon sinks as AI spending eclipses fastest cloud growth in five years

10/29/2026

Amazon.com on Thursday reported a massive cash burn in the third quarter, sending shares sharply lower, while it signaled higher capital expenditures next year atop an already huge amount in 2026.

Investor's Business Daily

Amazon Earnings Preview: Why Wall Street Is Bullish On Cloud Growth

10/28/2026

Amazon stock is working to shake off a slide last week as its third-quarter earnings come due. AI spending is the key focus.

Amazon's Massive Investment in AI Set to Transform Profitability and Infrastructure

Silicon UK

Amazon Exceeds Spending Expectations Amid AI Outlays

10/30/2026

Amazon spends far more than analysts had predicted on AI data centres in the third quarter, as core businesses show sluggish growth

DIGITIMES

Amazon's cloud acceleration lifts profitability as AI spending absorbs cash

10/30/2026

Amazon's third quarter showed its cloud expansion translating into stronger operating profitability, while the cash demands of building AI infrastructure kept rising. The result sharpens the...

Bloomberg

Amazon Spends $77 Billion to Expand AI Data Centers, Exceeds Analyst Estimates

10/29/2026

Amazon.com Inc. spent more than $77 billion on property and equipment in the third quarter, far more than analysts’ estimates, while pursuing its effort to build data centers and fulfill demand...