OpenAI becomes the world's most valuable startup at a $500B valuation after a major share sale, surpassing SpaceX. The White House freezes or cancels ~$26B in infrastructure and climate funding, impacting major projects in New York and 16 other states.
Amazon is priming its grocery lineup for the private-label craze as shoppers look for more ways to save on food.
Amazon is consolidating its grocery brands into a $5-and-under essentials line, betting that value staples can attract cost-conscious shoppers and finally give it traction in the notoriously low margin grocery business.
Deutsche Bank's list of fourth-quarter high-conviction picks also includes 2025 laggards like Visa and standouts like Lam Research that could have more room to rally.
Big tech giant Amazon.com Inc (NASDAQ:AMZN) just staged a short-term pullback after brushing up against the $240 region, home to its Feb. 4 record high of $242.52.
Nvidia (NASDAQ: NVDA) has reached a new milestone in its ongoing meteoric rise, now valued at more than the combined worth of two of Silicon Valley's biggest names, Amazon (NASDAQ: AMZN) and Meta Platforms (NASDAQ: META).
Shares of Amazon.com Inc. (NASDAQ: AMZN) lost 0.41% over the past five trading sessions after losing 5.56%% the five prior, bringing the stock's year-to-date loss to 0.39%.
Amazon.com Inc (NASDAQ:AMZN) announced on Wednesday the launch of Amazon Grocery, a new private label brand featuring more than 1,000 food items rated 4 stars or higher. The eCommerce giant said the food selection includes everything from milk and olive oil to fresh produce, meat and seafood, with most products priced under $5.
The consumer discretionary sector remains resilient, driven by robust GDP growth, rising incomes, and strong spending among top earners. Top five Q4 picks: Amazon.com, Laureate Education, Carnival, Red Robin, and ATRenew, all rated Strong Buy. AMZN leads with accelerating profitability and Prime-fueled holiday momentum. CCL and RRGB benefit from strong leisure and dining demand.
Amazon.com Inc NASDAQ: AMZN has been one of the market's hottest tech stocks in recent years, and remains one of its most closely followed. It conquered e-commerce, turned cloud computing into a household term, and built an advertising business on track to bring in more than $60 billion this year.
Amazon.com's cloud unit, Amazon Web Services, announced a multi-year partnership with the National Basketball Association to launch new AI-powered features and data insights from games, the organizations said on Wednesday.
Amazon on Tuesday unveiled the latest generation of connected products, featuring enhanced artificial intelligence capabilities designed to make interactions with AI more frequent and natural.