Tag : capital expenditure

Amazon plans $100 billion AI investment to stay ahead in tech race
Business

Amazon plans $100 billion AI investment to stay ahead in tech race

manamalive.com
Amazon has announced plans to increase its capital expenditures to $100 billion in 2025, marking a significant investment in artificial intelligence and cloud infrastructure. The tech giant’s spending surge follows its 2024 capex of approximately...
Shell profits drop 16% but maintains strong shareholder returns
Featured News

Shell profits drop 16% but maintains strong shareholder returns

manamalive.com
British energy giant Shell reported a 16% drop in full-year profit for 2024, citing weaker oil and gas prices, lower refining margins, and reduced demand. Despite missing analyst expectations, the company raised its shareholder dividend...