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Amazon lifts investment plans after strong cloud sales; shares jump

Amazon lifts investment plans after strong cloud sales; shares jump

By Deborah Mary Sophia and Greg Bensinger July 30 (Reuters) - Amazon delivered its strongest cloud growth in more than four years and raised its annual capital spending forecast, bolstering its argument that heavy investment in AI is generating sufficient demand to warrant the outlays.
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Democrat's Ad Campaign Targets Data Centers in Pennsylvania House Race

Democrat's Ad Campaign Targets Data Centers in Pennsylvania House Race

Democrat Paige Cognetti is challenging Republican Rep. Rob Bresnahan in a Pennsylvania congressional district by focusing on the controversial issue of data centers. In a new TV ad, Cognetti criticizes the impact of data centers on local communities, highlighting concerns over secrecy, tax breaks, and rising electric bills. The ad is part of a broader strategy to appeal to voters in a swing district where opposition to data center projects has been growing. Cognetti's campaign emphasizes the need for transparency and local labor in data center developments.
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Amazon lifts capex plan after strong cloud sales; shares jump

Amazon lifts capex plan after strong cloud sales; shares jump

By Deborah Mary Sophia and Greg Bensinger July 30 (Reuters) - Amazon beat expectations for quarterly cloud sales growth and boosted its annual capital spending outlook, signaling demand for AI services remains strong enough to justify its massive infrastructure investments.
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Amazon's AWS Reports Record Growth Driven by AI and Chip Demand

Amazon's AWS Reports Record Growth Driven by AI and Chip Demand

Amazon's AWS Reports Record Growth Driven by AI and Chip Demand
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St. Joseph County Council Candidate Proposes Data Center Moratorium Amid Concerns

St. Joseph County Council Candidate Proposes Data Center Moratorium Amid Concerns

Jamie O’Brien, a candidate for the St. Joseph County Council, has called for a moratorium on data center developments in the county. This proposal arises from concerns about the environmental and community impact of projects by Microsoft in Granger and Amazon Web Services in New Carlisle. The Granger facility is set to begin construction in late 2026 or early 2027, while the New Carlisle center has been under construction for two years. O’Brien cites issues such as utility and water usage, noise, and neighborhood disruption as reasons for the moratorium. He plans to present a formal proposal in the coming weeks.
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Amazon Reports Record Q2 2026 Earnings with AWS Growth and Revenue Surpassing $200 Billion

Amazon Reports Record Q2 2026 Earnings with AWS Growth and Revenue Surpassing $200 Billion

Amazon Reports Record Q2 2026 Earnings with AWS Growth and Revenue Surpassing $200 Billion
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Amazon Reports Strong Q2 Results with Significant Growth in AWS and AI Investments

Amazon Reports Strong Q2 Results with Significant Growth in AWS and AI Investments

Amazon Reports Strong Q2 Results with Significant Growth in AWS and AI Investments
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Amazon Reports 20% Increase in Q2 Net Sales, Driven by AWS Growth

Amazon Reports 20% Increase in Q2 Net Sales, Driven by AWS Growth

Amazon Reports 20% Increase in Q2 Net Sales, Driven by AWS Growth
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Amazon beats estimates for quarterly cloud revenue growth

Amazon beats estimates for quarterly cloud revenue growth

July 30 (Reuters) - Amazon.com topped market expectations for quarterly cloud revenue growth on Thursday on the back of surging enterprise AI spending, signaling the company's hefty investments were bearing fruit.
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Amazon Reports Strong Growth in Cloud and AI Divisions, Surpassing Revenue Expectations

Amazon Reports Strong Growth in Cloud and AI Divisions, Surpassing Revenue Expectations

Amazon Reports Strong Growth in Cloud and AI Divisions, Surpassing Revenue Expectations
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Willie Nelson Joins Opposition Against Data Centers in Texas

Willie Nelson Joins Opposition Against Data Centers in Texas

Willie Nelson has publicly opposed the construction of data centers in his hometown of Abbott, Texas, joining a growing movement against these facilities. Nelson criticized data centers for their environmental impact, including excessive water and electricity usage. He emphasized the importance of preserving rural communities and resources, arguing that data centers threaten the livelihoods of small farmers and the environment. Texas has become a hotspot for data center construction due to available land and tax incentives, but Nelson's stance reflects broader concerns about the sustainability of such developments.
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Recursive Superintelligence Secures $410M Compute Deal with Amazon

Recursive Superintelligence Secures $410M Compute Deal with Amazon

Recursive Superintelligence Secures $410M Compute Deal with Amazon