Amazon is already spending a record amount on AI data centers. Next year will be even bigger. The world’s biggest cloud-computing company reported third-quarter results on Thursday and reiterated its plan for $220 billion in capital expenditure for 2026. Then, CEO Andy Jassy shared his outlook for next year, saying Amazon expects “to spend meaningfully
Amazon’s cloud computing unit is growing steadily, keeping pace with AI demand, but the e-commerce giant’s massive spending on AI data centers and weaker advertising performance are worrying investors. Amazon on Thursday reported third-quarter revenue of $201.9 billion, slightly missing expectations. Its profit was $20.7 billion, which also fell short of expectations and was down
The best suits for men should look sharp, fit well, and feel comfortable enough to wear all day. But finding one in a store can be frustrating: Selection is often limited, prices can be steep, and your size may be out of stock. I’ve left more than a few stores having settled for a suit
Prime Minister Mark Carney called Canada “the most European of non-European countries” early in U.S. President Donald Trump’s trade war. Now, he’s hosting European leaders to pursue an unprecedented alliance, but the proposed EU “associate member” designation faces resistance even as the EU’s top official champions it. European Commission President Ursula von der Leyen and
Some people don’t get along with their in-laws, but I’m not one of them. I lived with my in-laws for years from my mid-20s to early 30s. My husband and I still go to their house every week or two, and after we had kids, my mother-in-law has always stepped in, whether coming over to
European Central Bank President Christine Lagarde will resign nine months before the end of her term, a move that opens the way for European leaders to choose a successor ahead of France’s presidential election next year. Lagarde, 70, will leave Feb. 7, the ECB said Thursday. Her eight-year term was to end Oct. 31, 2027.
