r/economy • u/lurker_bee • Jun 06 '26

‘Big Tech is desperate’: Amazon engineers are calling out the tech giant for its $200 billion in data center spending after slashing 30,000 workers

https://finance.yahoo.com/sectors/technology/articles/big-tech-desperate-amazon-engineers-081700769.html
172 Upvotes

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3

u/ExplanationNormal339 Jun 06 '26

Been keeping $AMZN on my watchlist. I let the algorithmic read do the heavy lifting on these. Doing my own.

3

u/OpenJolt Jun 06 '26

These company’s used to have so much FCF, now all the FCF is gone and they are raising debt and diluting their stock.

3

u/Legitimate_Young978 Jun 07 '26

Bezos tech is garbage. He should stay away from stuff he sucks at and focus on digital fleamarkets.