Capital expenditures on AI infrastructure is the top worry for investors across Wall Street.
An Amazon Prime delivery person makes a stop in Denver on Nov. 28, 2023. David Zalubowski, File /AP Photo
Online retail titan Amazon notched its worst losing streak in almost 20 years over the company’s increasing spending plans on artificial intelligence-related capital expenditures.
Shares of Amazon registered their ninth consecutive session loss at the Feb. 13 closing bell, finishing down 0.41 percent to a nine-month low of $198.79.
