{"id":840613,"date":"2024-08-03T09:29:48","date_gmt":"2024-08-03T03:59:48","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=840613"},"modified":"2024-08-03T09:55:43","modified_gmt":"2024-08-03T04:25:43","slug":"amazons-shares-slide-after-ai-spending-plans-disappoints-investors","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/08\/03\/amazons-shares-slide-after-ai-spending-plans-disappoints-investors\/","title":{"rendered":"Amazon&#8217;s shares slide after AI spending plans disappoints investors"},"content":{"rendered":"<p>Amazon.com Inc., risking Wall Street\u2019s displeasure, told investors that profits for now will take a back seat to heavy spending on artificial intelligence. The shares fell. <\/p>\n<p>The company projected operating income for the current quarter ending in September will be $11.5 billion to $15 billion. Analysts, on average, were looking for $15.7 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Amazon.com Inc., risking Wall Street\u2019s displeasure, told investors that profits for now will take a back seat to heavy spending on artificial intelligence. The shares fell. The company projected operating income for the current quarter ending in September will be $11.5 billion to $15 billion. Analysts, on average, were looking for $15.7 billion.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-840613","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/840613","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=840613"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/840613\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=840613"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=840613"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=840613"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}