After years of big promises and limited pilots, Amazon.com Inc's (NASDAQ:AMZN) Zoox is finally preparing to build at scale. According to reports from the States, the self-driving start-up will begin mass production of its purpose-built robotaxis next year, opening a new facility in California's Bay Area to move beyond its current small-batch output.
Amazon gave CNBC a first look at its new warehouse robot, Vulcan, that can "feel" objects, enabling it to do a job only humans could previously handle.
Zoox, the autonomous vehicle company owned by Amazon, paused its driverless testing program for more than a week and issued a voluntary recall of its software following a crash in Las Vegas, according to the company and a filing with federal safety regulators.
Amazon remains a top investment despite recent bearish sentiment and a 20% stock price drop since its all-time high. The key to Amazon's long-term success lies in its focus on stable, unchanging customer desires: low prices, fast delivery, and vast selection. Building a business strategy around these stable elements ensures that efforts today will yield results for customers in the future.
Amazon's Zoox issued a software recall for 270 of its robotaxis after a crash in Las Vegas last month, the company said. In this article AMZN
Despite AMZN's strong 1Q FY2025 earnings, supported by a demand pulled forward effect, high tariffs are expected to affect retail sales and margins in the coming quarters. Management issued a cautious 2Q FY2025 outlook, citing the difficulty of providing guidance given the heavy reliance on the outcome of trade talks. AMZN's strong pricing power and focus on AI automation should help mitigate cost pressures.
Finding growth technology stocks at a reasonable price in today's market is not easy. Despite some major ups and downs during 2020, 2022, and now 2025, technology stocks have generally gone on a tear since the Great Recession of 2008-09, making investors a fortune in the process.
Amazon (AMZN -1.95%) announced its 2025 first-quarter results following the market close on Thursday. It beat Wall Street's earnings estimates for the first quarter of 2025.
Amazon.com, Inc.'s Q1 showcased meaningful margin gains (AWS hit 39%), proving its heavy investments and strategic pivot to AI-driven profitability are finally paying off—expect continued leverage ahead. AI adoption positions AWS as Amazon's future crown jewel; platforms like Alexa+ and "Buy for Me" reveal untapped monetization that could significantly boost top-line growth long-term. Geopolitical and macro risks exist, but Amazon's operational agility and AI-driven global GDP expansion should protect—and even enhance—AMZN valuation multiples, making now an attractive buying moment.
Stocks are starting to bounce back, and it's probably a good time to take a look at growth stocks that can make the most of the market's recent bullish turn. You probably have a few growth stocks in mind, and I want to share some of mine.
Amazon.com Inc NASDAQ: AMZN closed out last week just under the $190 mark, following a much-anticipated earnings report that, while beating expectations on both revenue and EPS, came with cautious guidance that initially held shares back from breaking higher.
Zacks.com users have recently been watching Amazon (AMZN) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.