Amazon said it plans to spend billions more than expected on data centers, chips and other equipment, fueling investor concerns that the company’s massive bet on artificial intelligence will take longer to pay off than anticipated.The company reported $39.5 billion on property and equipment expenses in the fourth quarter, topping estimates by almost $5 billion, and said its capital expenditures would reach $200 billion this year. Bloomberg Businessweek Daily hosts Carol Massar and Tim Stenovec speak with: Bloomberg Intelligence Senior Analyst for E-Commerce and Athleisure Poonam Goyal and James Cakmak, Co-Founder and Chief Investment Officer at Clockwise Capita

Bloomberg Businessweek Weekend: August 21st, 2026
38:55

Treasury Whiplash Leaves Traders Guessing Scott Bessent's Next Move
35:52

Texas Is the Tip of a Melting Muni Iceberg: How a 'Boycott' Led to Higher Costs
11:38