Amazon news

Amazon (AMZN) Invests $110M in AI Research with Trainium Chips
In this article, we are going to take a look at where Amazon.com, Inc. (NASDAQ:AMZN) stands against other trending AI stocks on latest news and analyst ratings.

Amazon.com operates as ...
Prime Video Takes the Spotlight as Amazon Pulls the Plug on Freevee
Amazon (AMZN, Financial) has announced the shutdown of Freevee, its ad-supported video-on-demand (AVOD) platform, moving its streaming content under the Prime Video umbrella. Initially launched as ...
Amazon is beating Walmart and Target — again
Amazon is winning the U.S. price wars, leaving Walmart and Target behind for the eighth consecutive year.

The e-commerce giant has once again claimed the title of “lowest-price” retail...
Amazon Stock Hits New High As Tech Giant Launches Temu Competitor
Amazon (AMZN) stock is building on its postelection rally by notching another record high Wednesday, and gaining further early Thursday. Shares of the tech giant are rallying as Amazon launched a d...
Amazon’s generative AI business has hit a multi-billion dollar run rate that’s reaccelerated cloud growth
Generative AI is now contributing revenue to Amazon's cloud business at annualized rate equivalent to multiple billions of dollars, re-accelerating growth at Amazon Web Services and providing a bus...
Amazon’s Prime Video ads rollout gains traction ahead of upfronts debut
Amazon’s revenue derived from advertising was up 24% year-over-year in Q1 to $11.82 billion, according to an earnings statement. The results beat Wall Street expectations.

Sponsore...
Amazon reports $143B in Q1 revenue, topping Wall Street expectations
E-commerce giant Amazon reported better-than-expected earnings and revenue for the first-quarter, driven by tweaks in its logistics operations, as well as growth in its advertising and cloud comput...
Amazon shrugs off China threat to post record start to year
Amazon has shrugged off competition from fast-growing Chinese rivals to post its strongest-ever start to the year.

The tech giant posted profits of $10.4bn (£8.3bn) in the first three ...
Amazon results beat estimates, revenue forecast misses
Amazon.com reported quarterly results above Wall Street's expectations on Tuesday, as interest in artificial intelligence helped drive cloud-computing growth.

CEO Andy Jassy told analy...
AWS Announces General Availability of Amazon Q, the Most Capable Generative AI-Powered Assistant
Amazon Q Developer’s industry-leading coding accuracy, best-in-class security, and most comprehensive cloud capabilities allow developers to spend more time coding and less time on maintenance
Amazon.com may be feeling pressure to join the dividend club
E-commerce titan Amazon.com may be under increasing pressure to offer investors a dividend, as it now finds itself one of the few massive U.S. technology and growth companies not making regular pay...
Amazon Earnings Preview: Investors Watching AWS Growth, Ad Push, AI Spending
Amazon (AMZN) is on deck in the Big Tech earnings lineup, following a week in which Meta (META) flopped while Alphabet (GOOGL) and Microsoft (MSFT) soared. Heading into the report, Amazon stock is ...
What Makes Amazon (AMZN) Attractive Ahead of Q1 Earnings?
Seattle-based Amazon.com, Inc. AMZN, with a market capitalization of more than $1.8 trillion, is one of the most valuable companies worldwide. Amazon is the frontrunner in the e-commerce and cloud ...