Amazon wants companies to build public-facing chatbots using its Q Business assistant.
Amazon is set to report first-quarter earnings after the market closes on Thursday, May 1, offering a fresh look at how it's navigating the uncertain economy — including the impact of tariffs — and the latest trends in demand for AI and its core cloud technologies.
Shares of Amazon.com Inc. NASDAQ: AMZN closed just below $190 on Tuesday, continuing to stabilize and consolidate after a sharp correction. While still down more than 20% from February's all-time high, the stock has bounced roughly 16% off its multi-year low from earlier this month.
Steven Levy, Wired editor-at-large, joins 'Squawk Box' to discuss the latest developments in the spat between Amazon and the White House after Amazon rejected the idea of highlighting tariff-impacted prices on its low-cost site Amazon Haul, whether other retailers could add import charges on their products, and more.
The five top buys for May have two things in common: leadership positions in technology and strong signals at critical support levels. These stocks corrected in late Q1 and early Q2 but have regained traction at critical levels and are firing solid entry signals for investors.
Amazon launched its first batch of satellites into orbit on Monday in the company's first step toward rivaling Elon Musk's Starlink satellite constellation.
E-commerce and tech giant Amazon was considering adding a feature that would show buyers exactly how much the price they are paying is being increased by the White House's tariff policies.
Investors continue to be wary of the new tariff program. Even if the Trump administration's tariffs do accomplish their stated goals of eliminating bias against the U.S. and boosting U.S.-manufactured products, we won't see results immediately.
Amazon (AMZN) says it never planned to display the cost associated with tariffs, as claimed in a recent report, after the White House called the move "a hostile and political act." CFRA Research senior equity research analyst Arun Sundaram joins Market Domination with Julie Hyman and Josh Lipton to discuss the impact of tariffs on Amazon, ahead of the company's first quarter results after the closing bell on Thursday.
The White House press secretary, Karoline Leavitt, attacked the retail giant over a report that suggested Amazon would highlight tariff-related price increases. Amazon said it was “not going to happen.
The first 27 satellites in Amazon's effort to create a space-based internet network have finally made it to orbit, paving the way for the company to attempt to compete with Elon Musk's well-established Starlink service.
Amazon says it has no plans to display import-related charges on its website following White House protests. “The team that runs our ultra low cost Amazon Haul store considered the idea of listing import charges on certain products,” Amazon spokesperson Tim Doyle said in a statement provided to PYMNTS Tuesday (April 29).