Key facts: Amazon’s stock up 3.9% after €33.7B Spain investment; AWS outages reported — TradingView News
- Amazon’s stock rose 3.9% following a €33.7 billion investment in Spain to enhance its data center and cloud infrastructure, focusing on artificial intelligence and boosting GDP through 2035.1
- Amazon plans to boost capital spending on data centers and Nvidia chips, with an expected total of $670 billion by 2026, potentially affecting profit margins.2
- Amazon’s cloud unit, AWS, faced outages after drone strikes hit facilities in the UAE and Bahrain, highlighting risks to vital tech infrastructure during military conflicts.3