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Home > Latest

Lates News

date
30/10/2026
Citi downgrades Mango Excellent Media to sell, target price 16 yuan.
Latest
4 m ago
Amazon (AMZN.O) spent more than $77 billion on property and equipment in the third quarter, far exceeding analyst expectations. The company is continuing to push forward with data center construction to meet growing demand for artificial intelligence services. This spending resulted in negative free cash flow of $42.4 billion for the company. Amazon also reported that revenue grew 12% year over year to $201.9 billion. Although sales growth at its cloud computing unit Amazon Web Services (AWS) accelerated for the sixth consecutive quarter, signs of sluggish growth in its core online business are also beginning to emerge. Amazon also expanded its data center scale, enhancing its ability to provide computing power to enterprise customers. Amazon said in July that, affected by tight supply of memory chips limiting availability, the company's capital expenditure in 2026 could reach $220 billion, higher than previously forecast.
12 m ago
Amazon Increases Investment to Meet AI Service Demand
13 m ago
Amazon (AMZN.O) on Thursday reported fourth-quarter revenue guidance that was broadly below market expectations, sparking concerns about weak retail demand during the key holiday shopping season. Consumer spending is coming under pressure as rising inflation drives up household expenses. Amazon shares fell as much as 12% in after-hours trading. Amazon expects fourth-quarter revenue of between $240 billion and $247 billion, compared with analysts' average estimate of $244.51 billion. In the third quarter, Amazon Web Services (AWS) revenue grew 39% year over year to $46 billion, above analysts' expectations of 38.2% growth. The company also maintained its full-year capital expenditure forecast of approximately $220 billion unchanged. The weak fourth-quarter guidance suggests that U.S. retailers may face pressure during the holiday shopping season as consumers tighten their shopping budgets amid rising gasoline prices and the growing cost of living. Although the retail business accounts for the majority of Amazon's revenue, in recent years investors' focus has clearly shifted to AWS.
14 m ago
After Amazon released its earnings, Microsoft and Nvidia shares fell more than 1%.
14 m ago
Citi lowers euro-to-dollar forecast due to European risks and high oil prices.
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