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Amazon is positioned as a leading beneficiary of accelerating AI adoption, with AWS and e-commerce both delivering robust growth. I reiterate a strong buy rating, citing recent volatility as a clear buying opportunity ahead of visible AI-driven catalysts. Q1 revenue grew 17% YoY to $181.5B, with operating income up 30% and AWS sales accelerating to 28% YoY growth.
Jeff Bezos sat down with CNBC on June 11, 2026, to make the case that his next act could become even bigger than Amazon. As co-founder and co-CEO of Prometheus, Bezos is pitching a thesis that tries to answer one question: What actually makes societies rich? His answer is invention. "What drives the wealth of... Is Jeff Bezos' New Startup An Even Bigger Idea than Amazon? He Tells CNBC it Will Drive 'Civilizational Wealth.'
Amazon invested $13 billion into Anthropic and could invest an additional $20 billion, depending on whether the artificial intelligence (AI) start-up hits certain milestones. Anthropic has became a major Amazon Web Services (AWS) customer, committing to spend at least $100 billion with the cloud computing company over the next decade.
In the most recent trading session, Amazon (AMZN) closed at $241.35, indicating a +1.41% shift from the previous trading day.
The shopper who can't remember the word “cowl neck” or doesn't know what “rattan” means has always been the hardest customer to serve. Amazon just built a tool for her.
Two of the most well-known investors are betting on the same three Magnificent Seven stocks. Here's a look at the stocks owned by both Cathie Wood and Bill Ackman.
Ecosystems now scale more efficiently than stores, and that new reality is transforming retail. Amazon announced Wednesday (June 10) that it is expanding its Supply Chain Services platform with a less-than-truckload (LTL) freight offering that allows businesses to move goods beyond Amazon's own fulfillment network and into third-party warehouses, distribution centers and retail locations.
Autonomous vehicles may boost Uber-style platforms more than they disrupt them.
Amazon.com Inc (NASDAQ:AMZN) is broadening its logistics ambitions, adding a less-than-truckload freight service to its Amazon Supply Chain Services platform that allows businesses to ship goods to any third-party warehouse, distribution centre, or retail partner. The move taps into Amazon's existing transportation infrastructure, including more than 80,000 trailers and 24,000 intermodal containers.