Amazon is set to report first-quarter earnings on Wednesday, and investors will be looking to see if the company’s AI spending is paying off.
Wall Street will have its eyes on one part of its business most closely: Amazon Web Services, Amazon’s top profit driver.
The firm is expected to spend $200 billion in 2026 on AI projects like data centers and chip development as it looks to use AI to improve the AWS user experience, write software, and improve data storage.
Investors will…
https://www.businessinsider.com/amazon-q1-earnings-preview-aws-amzn-stock-ai-capex-2026-4