Amazon.com (AMZN) Data Center Push Continues with $12B Investment in Louisiana [Yahoo! Finance]
Amazon.com, Inc. (AMZN)
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Source: Yahoo! Finance
Amazon.com Inc. (NASDAQ: AMZN ) is one of 15 stocks with the biggest hedge fund momentum , after gaining 46 hedge fund holders during the fourth quarter of 2025. On February 23, Amazon.com Inc. (NASDAQ:AMZN) announced plans to invest $12B in northwest Louisiana to build data center campuses that will support cloud computing technologies. The online retailer said the data center buildout in northwest Louisiana will create 540 full-time jobs, as well as additional jobs to support the facilities, such as electricians and heating, ventilation, and air-conditioning technicians. As part of Amazon's fourth-quarter earnings report earlier this month, the company said it expected $200 billion in capital expenditures this year, a sharp increase from 2025's $131 billion, sending shares lower. Meanwhile, on February 23, Wells Fargo lowered its price target on Amazon.com Inc. (NASDAQ:AMZN) to $304 from $305, while keeping an Overweight rating on the shares. Compute capacity is a key success fac
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AMZN
Earnings
- 2/5/26 - Miss
AMZN
Sec Filings
- 2/27/26 - Form 8-K
- 2/24/26 - Form 4
- 2/24/26 - Form 4
- AMZN's page on the SEC website