Amazon CEO Andy Jassy revealed that AWS computing capacity for 2027 is largely booked, with a substantial portion of 2028 also sold. This reflects strong demand, especially from AI labs, driving Amazon's heavy capital expenditure of around $220 billion in 2026. Despite this, AWS's trailing free cash flow is negative due to high spending, raising concerns about reliance on a few large customers and the sustainability of their funding. Investors will closely watch AWS growth and financial results in the upcoming Q3 report to assess if demand continues to outpace supply.
As of Oct 24, 2026 23:31 WIB, Amazon's stock trades at USD 248.00, closer to its 52-week low of USD 198.79 than its high of USD 284.02, showing a modest pullback despite strong AWS capacity sales. The market cap stands at $2.68 trillion, reflecting substantial investor confidence even as AWS faces negative free cash flow. Pluang data shows a balanced order activity with 52% buying and 48% selling, indicating mixed sentiment among investors.
The Royal Canadian Legion has launched its 2026 National Poppy Campaign introducing a new contactless donation method using smartphones, supported by BMO and Toucan Giving technology. This innovation allows volunteers to collect donations via debit, ...
Amazon has abandoned its $427 million plan to build a large data center campus in Ashburn, Virginia, following strong opposition from local residents and officials. The company will instead rezone the 122-acre site primarily for housing and donate la...
Amazon endured a 50% stock drop, CEO change, and its first loss in years but bounced back with strong cloud and ad growth. AWS revenue surged 36.7% in Q2 2026, driven by AI demand, while advertising hit $19.8 billion. A $1,000 investment 10 years ago...
Qualcomm is currently undervalued by the market, which still views it mainly as a handset maker despite its growing AI and automotive businesses. The company reported a 61% increase in automotive revenue and expects significant revenue from hyperscal...
Amazon.com, Inc. will release its Q3 earnings on October 29. Investors have recently been worried about the company's large capital expenditure, expected to reach $220 billion for the fiscal year, driven by AI-related investments. This $20 billion in...
