Amazon.com Inc. (AMZN)
OpenAI Signs $38 Billion Cloud Computing Deal With Amazon
After signing agreements to use computing power from Nvidia, AMD and Oracle, OpenAI is partnering with the world's largest cloud computing company.
OpenAI, Amazon Sign $38 Billion Cloud Deal
The seven-year agreement is the companies' first computing partnership and is part of Amazon's efforts to grow its cloud business.
Amazon: Disbelieving Buyers Are Late Yet Again (Rating Downgrade)
Amazon showcased the strength in the reacceleration of AWS, with >20% revenue growth and robust AI chip initiatives driving its cloud leadership. AMZN's e-commerce and advertising engines remain formidable, with automation and robotics poised to enhance margins and competitive edge. Despite AWS momentum, e-commerce's lower margins keep free cash flow under pressure, plausibly printing below 10% through 2027, tempering valuation optimism versus peers.
Milestones Administradora de Recursos Ltda. Decreases Holdings in Amazon.com, Inc. $AMZN
Milestones Administradora de Recursos Ltda. trimmed its position in Amazon.com, Inc. (NASDAQ: AMZN) by 2.7% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 256,650 shares of the e-commerce giant's stock after selling 7,065 shares during the period. Amazon.com comprises approximately 19.3% of Milestones Administradora de Recursos Ltda.'s
Amazon has over a million robots in its Fulfillment Network: CEO 🤖
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Amazon's in-house chip strategy helps drive stock to new record on cloud beat
CNBC's MacKenzie Sigalos reports on Amazon's blowout quarter and CEO Andy Jassy's push to make AWS the backbone of the AI economy.
Wall Street analyst updates Amazon stock price after Q3 earnings
A Wall Street analyst has issued a bullish outlook on Amazon (NASDAQ: AMZN) stock as the equity rides strong momentum following its impressive third-quarter earnings.
Amazon lifts markets to close out another winning week and month
Amazon is leading the U.S. stock market on October 31 to the finish of another winning week and month.
How Amazon flipped the script on a challenging week
Amazon had a roller coaster week. It started with layoffs on Tuesday; by Thursday, Wall Street was cheering.
Amazon stock hits record, lights up ETFs
Amazon's cloud business knocked it out of the park and CEO Andy Jassy hinted that the unit is gaining momentum heading into the next few months giving him 'significant confidence' he said.
Amazon Earnings: 3 Catalysts That Could Drive Shares to $300
Amazon.com Inc. NASDAQ: AMZN just delivered the kind of quarter we, and most of Wall Street, had been waiting for. After months of consolidation below the $240 ceiling and making investors sweat about potential downtrends, Thursday night's earnings report just blew the doors off its hinges.
Amazon Q3 Earnings Beat Estimates, AWS Growth Pushes Stock Higher
AMZN's Q3 sales hit $180B (+13% YoY), AWS reaccelerates to 20% growth, net income surges to $21B, boosted by $9.5B Anthropic gains despite FTC settlement charges.
