Friday, 30 October, 2026
Cloud Highs, Cash Lows: Amazon’s AI Bill Spooks Wall Street
By TechShots Studio
Amazon shares fell after massive AI infrastructure spending pushed trailing 12-month free cash flow into a $42.4 billion deficit. The heavy outlay overshadowed AWS’s impressive 39.3% revenue surge to $46 billion—its fastest growth in five years. Overall sales missed Wall Street targets, and soft fourth-quarter guidance further fueled investor anxiety over big tech's soaring AI costs.
Read full story at REUTERS