Amazon.com, Inc. (AMZN)
Amazon CEO Andy Jassy has big hopes for artificial intelligence to drive cloud-computing revenue but the stock will likely need more catalysts.
Amazon's status as the U.S. Postal Service's biggest customer could be about to change.
Lululemon athletica (LULU) exceeded Q4 top- and bottom-line expectations but issued disappointing forward guidance, sending shares down premarket. Amazon is reportedly planning a drastic cut in packages it sends through US Post Office.
Cim Investment Management Inc. reduced its holdings in Amazon.com, Inc. (NASDAQ: AMZN) by 49.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,827 shares of the e-commerce giant's stock after selling 26,270 shares during the quarter. Amazon.com accounts for 1.6%
Coldstream Capital Management Inc. boosted its position in Amazon.com, Inc. (NASDAQ: AMZN) by 4.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 397,695 shares of the e-commerce giant's stock after buying an additional 16,134 shares during the period. Amazon.com makes up approximately
Alphabet is one of the newest Buffett stocks -- and one of the best. Amazon checks off multiple boxes of the Buffett playbook.
Microsoft is considering legal action against Amazon and OpenAI over a multibillion-dollar agreement that could reshape how advanced artificial intelligence is delivered to businesses. At the centre of the dispute is a reported $50 billion deal tied to OpenAI's new commercial product, Frontier.
Sen. Elizabeth Warren accused Amazon of potentially overpaying for a Melania Trump documentary to gain favor with Donald Trump's administration, prompting lawmakers to seek answers, while Amazon maintains the deal was purely commercial.
Amazon CEO Andy Jassy said Tuesday (March 17) that the growth of artificial intelligence could drive the sales of the company's cloud computing unit Amazon Web Services (AWS) to a level double that he previously expected, Reuters reported Tuesday.