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Tag: spend

  • Amazon plans to spend big on AI but shares slump | Amazon Says It Will Spend $200 Billion This Ye…

    Amazon plans to spend big on AI but shares slump | Amazon Says It Will Spend $200 Billion This Ye…

    Explore the latest developments concerning Amazon plans to.

    Amazon plans to spend big on AI but shares slump

    Amazon on Thursday joined the other US tech giants in announcing a huge increase in spending on artificial intelligence (AI) projects and infrastructure, which seemed to knock back investors.

    Reporting on its past year's financial performance, Amazon said it was expecting to spend $200bn this year on building out its business, much of it on AI.

    That is a significant increase from last year, when it spent $125bn. The company's stock dipped in after hours trading by 10%.

    While Amazon's spending plans are now the most aggressive among the Big Tech companies, including Meta, Google and Microsoft, collectively they expect to spend around $650bn on AI and related projects this year.

    Amazon Powers Up Record Q4 Sales, Forecasts 50% Increase in Capex for 2026 to $200 Billion

    Amazon‘s shopping cart spilled over in the fourth quarter of 2025: The ecommerce behemoth raked in a record $213.4 billion in revenue that beat Wall Street expectations. But the company’s shares fell in after-hours trading Thursday after Amazon said it expected to increase capital spending roughly 50% to $200 billion for 2026 as it races to compete in the AI space.

    Overall net sales for the year-end 2025 holiday shopping quarter increased 14%. Net income was $21.2 billion (up 5.9%), translating to $1.95 per diluted share, which slightly missed forecasts.

    Meanwhile, Amazon continued to carve off a bigger chunk of the digital ad market. Q4 advertising revenue totaled $21.32 billion, up 23%, which slightly topped expectations. Amazon’s ad services includes Prime Video ads and other video advertising, display ads and sponsored ads sold to sellers, vendors, publishers, authors and others. (By default, Prime Video, included as perk for Prime members, includes ads unless you pay extra for a no-ads experience.)

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  • Australians expected to spend big on Boxing Day as shoppers warned of deceptive sales tricks | Au…

    Australians expected to spend big on Boxing Day as shoppers warned of deceptive sales tricks | Au…

    Explore the latest developments concerning Australians expected to.

    Australians expected to spend big on Boxing Day as shoppers warned of deceptive sales tricks

    Shoppers predicted to spend $3.8bn in the week after Christmas, with household goods and fashion to dominate sales

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    Australians are forecast to spend $1.6bn in the sales on Boxing Day as the consumer regulator warns shoppers that even major retailers use deceptive sales tactics.

    The revenue generated from Boxing Day sales on Friday is forecast to rise by 4.3% compared with 2024, according to new data from Roy Morgan and the Australian Retailers Association (ARA).

    Australians are expected to spend $3.832bn across the post-Christmas week to 31 December, an increase of 4.4% from last year, according to the ARA.

    Aussies set to spend big to bag Boxing Day bargains

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    As bumper Boxing Day sales begin, shoppers are being cautioned to closely track prices to ensure they're getting genuine bargains not illusory offers.

    One in three Australians, equivalent to more than seven million, plan to shop the sales in 2025, according to comparison website Finder.

    Before shoppers head for a bargain, there are some things people should do to ensure they come away with the best deals.

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    Australians tipped to spend record $1.6b on Boxing Day sales

    Shoppers are tipped to spend over a billion dollars on deals during the sales event. (AAP: Bianca De Marchi)

    Boxing Day is one of Australia's biggest annual shopping events, held on December 26.

    The retail sector has experienced a rebound this year, however, the prospect of interest rate hikes could dampen sales in 2026.

    Australians are expected to spend a record $1.6 billion on Boxing Day, supported by higher demand from population growth and revived household spending after three interest rate cuts from the Reserve Bank.

    That is a 4.3 per cent increase on last year, according to research from the Australian Retailers Association (ARA) in partnership with Roy Morgan.

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  • Australians expected to spend big on Boxing Day as shoppers warned of deceptive sales tricks | Au…

    Australians expected to spend big on Boxing Day as shoppers warned of deceptive sales tricks | Au…

    Explore the latest developments concerning Australians expected to.

    Australians expected to spend big on Boxing Day as shoppers warned of deceptive sales tricks

    Shoppers predicted to spend $3.8bn in the week after Christmas, with household goods and fashion to dominate sales

    Get our breaking news email, free app or daily news podcast

    Australians are forecast to spend $1.6bn in the sales on Boxing Day as the consumer regulator warns shoppers that even major retailers use deceptive sales tactics.

    The revenue generated from Boxing Day sales on Friday is forecast to rise by 4.3% compared with 2024, according to new data from Roy Morgan and the Australian Retailers Association (ARA).

    Australians are expected to spend $3.832bn across the post-Christmas week to 31 December, an increase of 4.4% from last year, according to the ARA.

    Australians tipped to spend record $1.6b on Boxing Day sales

    Shoppers are tipped to spend over a billion dollars on deals during the sales event. (AAP: Bianca De Marchi)

    Boxing Day is one of Australia's biggest annual shopping events, held on December 26.

    The retail sector has experienced a rebound this year, however, the prospect of interest rate hikes could dampen sales in 2026.

    Australians are expected to spend a record $1.6 billion on Boxing Day, supported by higher demand from population growth and revived household spending after three interest rate cuts from the Reserve Bank.

    That is a 4.3 per cent increase on last year, according to research from the Australian Retailers Association (ARA) in partnership with Roy Morgan.

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    'We are selling them like hotcakes': Stores brace for Boxing Day sale surge

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    Access unlimited content and the digital versions of our print editions – Today's Paper.

    With teens set for a summer without social media parents are looking to give gifts to get kids off screens across the holiday period as Boxing Day spending is expected to give businesses a boost.

    Warrnambool Toyworld's Karina Valente said there had been a focus on family activities away from screens as people bought their holiday presents.

    Bracelet making kits, remote-control toys and board games have all been hot-ticket items.

    "We've found a lot of the interactive and the remote-controls [toys] are popular again this year," Ms Valente said.

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