Amazon’s weak guidance spooks investors despite earnings beat

Hey there, Mel. Despite beating on revenue and earnings, Amazon's weak operating income guidance for the current quarter rattled investors who want to see the company's massive AI and cloud investments start to pay off. Amazon plans to spend up to 100 billion dollars this year, expanding its cloud infrastructure and software.CEO Andy Jasse is on the call now and we are waiting to see whether they up that capex number after Microsoft raised its spending target to $120 billion for the current fiscal year. Now ...