Amazon.com Inc (AMZN)
Amazon could invest up to $50 billion in OpenAI in coming weeks, source says
Amazon could invest up to $50 billion in OpenAI in coming weeks, source says
Amazon Q4 earnings expected to show strong cloud, retail and ad performance
Amazon.com Inc (NASDAQ:AMZN) is expected to report fourth quarter results on February 5, with Wedbush analysts noting that investor sentiment has been improving ahead of the release and reiterating an ‘Outperform' rating and a $340 price target. Shares are currently traded at about $240, up about 4% in the year-to-date.
Amazon in talks to invest up to $50 billion in OpenAI, WSJ reports
Amazon is in talks to invest as much as $50 billion in OpenAI, the Wall Street Journal reported on Thursday, citing people familiar with the matter.
Amazon in Talks to Invest Up to $50 Billion in OpenAI
CEO Andy Jassy is leading the e-commerce giant's negotiations with the ChatGPT maker.
Amazon and Google Eat Into Nvidia's A.I. Chip Supremacy
The rivals made billions of dollars in the business over the past year, showing other companies that Nvidia isn't the only game in town.
Amazon (AMZN) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Amazon (AMZN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Amazon: Buy Ahead Of Q4 Earnings (Preview)
Amazon enters Q4 with a long streak of double beats, and consensus remains fragile, despite conservative guidance, setting up another strong surprise potential. AWS capacity additions, including over a gigawatt in Q4, should convert backlog into revenue, as AI infrastructure demand continues exceeding available supply across regions. Management's corporate workforce reductions and expanding AI automation could lift operating leverage, supporting stronger-than-expected 2026 margin guidance and EPS revisions.
Stanley Druckenmiller's Duquesne Family Office: Top 5 Growth-at-Reasonable-Price Picks
Stanley Druckenmiller never had a losing year in three decades running money. When someone with that track record loads up on mega-cap tech, you pay attention.
Amazon Shifts Grocery Focus To Online And Whole Foods As It Closes All Fresh And Go Stores
Amazon is calling it quits on its Fresh grocery and Amazon Go convenience store concepts as it realigns its grocery strategy around online delivery and Whole Foods, the company announced.
Amazon, Chanel appointed to represent Saks' creditors in bankruptcy
Ecommerce giant Amazon and high-end brands LVMH and Chanel have been appointed to Saks Global's newly formed creditors committee, which will give them a stronger voice in the luxury retailer's bankruptcy restructuring.
Amazon Is Laying Off 16,000 Workers, in Latest Round of Cuts
Amazon's corporate ranks are about to get smaller.
Amazon execs say layoffs are part of turning the company into the 'world's largest startup,' leaked memos show
Amazon is cutting 16,000 corporate jobs. Internal memos show how some Amazon executives are communicating about the layoffs.
