Amazon.com Inc (AMZN)
Qualcomm stock jumps 4% as Amazon signs on for custom AI data center chips
Qualcomm (QCOM) shares were surging on Tuesday after the chipmaker announced a major deal. The stock surged as much as 10% in early trading, but gave up most of those gains to trade around 4% higher at the time of writing.
Prediction: This Megacap Stock Could Crush the S&P 500 Through 2030
AWS just posted its fastest growth in 18 quarters, yet Amazon shares are lagging the S&P 500 and sliding further. Here is why that disconnect could set up one of the boldest stock plays of the decade.
Qualcomm shares jump on Amazon AI chip partnership
Qualcomm Inc (NASDAQ:QCOM, XETRA:QCI) and Amazon.com Inc (NASDAQ:AMZN) on Tuesday announced a multi-generation collaboration to develop customized silicon for large-scale AI data centers, with an initial focus on AI inference for Amazon Web Services. The news sent Qualcomm shares up 4.5% on Tuesday morning in New York.
Amazon Just Handed Qualcomm a Slice of AWS's AI Buildout
Amazon's AWS unit is now the loudest buyer in the AI compute market, and this morning it handed a piece of its silicon roadmap to a new supplier.
Qualcomm's stock climbs as Amazon chip deal offers investors some much-needed good news
Qualcomm shares have missed out on the chip sector's big rally this year. The company is now working on various chip projects with Amazon.
Investigators probe Amazon cargo plane crash in Miami that kills at least 5
Federal investigators examining why an Amazon cargo jet barreled off a runway at Miami International Airport and into vehicles, killing at least five people, are likely to focus on a crucial moment in the landing: whether the plane touched down too late to stop safely.
Amazon: The Conglomerate Of The AI Industry
Amazon is accelerating growth across AWS, advertising, and custom silicon, with the revenue mix shifting rapidly toward high-margin segments. AWS delivered 36.7% Y/Y growth and now comprises 60.5% of operating income, with backlog surging to $496B and capacity as the primary constraint. AMZN trades at a P/E of 20.8 and EV/EBITDA of 17.27, appearing cheap relative to peers, despite negative FCF driven by a $220B CapEx cycle.
Amazon Plane Crash Probe Examines Aircraft Speed, Runway Safeguards
NTSB Chairwoman said the Boeing jet careened 1,300 feet off the runway, hitting a van with seven people.
Crashed Amazon cargo jet struck two vehicles, ended up 1,300 feet past runway, NTSB says
The Amazon cargo jet that crashed at Miami International Airport on Sunday overran the runway by about 1,300 feet, according to Jennifer Homendy, chair of the National Transportation Safety Board. Homendy didn't offer details on the cause of the crash.
Are Retail-Wholesale Stocks Lagging Amazon.com (AMZN) This Year?
Here is how Amazon (AMZN) and BJ's Restaurants (BJRI) have performed compared to their sector so far this year.
Amazon.com, Inc. (AMZN) is Attracting Investor Attention: Here is What You Should Know
Recently, Zacks.com users have been paying close attention to Amazon (AMZN). This makes it worthwhile to examine what the stock has in store.
Amazon cargo plane overshoots runway at Miami airport
An Amazon cargo plane has overshot a runway at Miami International Airport, with black smoke seen rising from the scene.
