Amazon’s debt nearly doubled to $129 billion in 6 months as CEO Jassy defends $220 billion data center spending spree
Amazon CEO Andy Jassy gave investors an unusually frank detail on July 30. "Data center capital is spent starting two ...
Wednesday, August 5, 2026
Tag: Jassy
Andy Jassy said Amazon will spend $220 billion this year—and still won’t have enough capacity
Amazon’s stock price jumped more than 9% in after-hours trading on Thursday after the retail-and-AI giant reported second-quarter results buoyed ...
Worried About Amazon’s AI Spending? 9 Words From Andy Jassy That Should Ease Your Mind
Though investors have been bullish on artificial intelligence (AI) stocks over the past few years, in recent times, they've started ...
Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.