While analysts are generally upbeat about the upcoming results, capital spending and AI revenues will be a key focus.
Amazon.com is expected to join Google and Microsoft on Thursday in reporting a surge in capital spending on artificial intelligence as Big Tech companies rush to capitalize on the booming technology.
In an exclusive interview with Benzinga, Keyvan Mohajer, CEO of SoundHound AI Inc. SOUN, shed light on the company's recent endeavors and its vision for the future.
Is Amazon.com Inc.'s AWS cloud-computing business in a tougher spot after its upbeat performance in the first quarter?
Amazon's (AMZN) second-quarter results are expected to reflect significant gains from AWS momentum, driven by growing generative AI capabilities.
Amazon is already the largest purveyor of e-commerce in the U.S. The company is further expanding its logistics and delivery services, tweaking its practices to better serve more rural areas. Amazon's dominance in more than one market and attractive valuation make the stock a buy.
While the stricter definition of consumer stocks might only consist of consumer discretionary stocks, in this article, I will utilize the larger definition that is inclusive of both consumer staple and discretionary sectors. Generally, consumer staples include companies that sell essential goods and services such as food, beverages, and everyday household items.
Amazon's (NASDAQ: AMZN ) share price has tumbled by almost 10% from its peak of $200 set in early July. Investors have taken profits and are rotating into small-cap stocks that will benefit most from lower interest rates.
As Amazon looks to license its Just Walk Out checkout system to more stores, the eCommerce giant is upgrading the artificial intelligence model to improve accuracy.
Amazon is being held responsible by a federal agency for distributing 400,000 products that are defective or do not meet safety standards.
The tech market is on a promising growth path, with the emergence of industries like AI making now an excellent time to invest. Amazon has delivered significant stock gains this year but remains a bargain compared to its potential.
Amazon.com Inc (NASDAQ:AMZN) has been told it is now required to handle the recalls of unsafe products sold on its site, according to a recent ruling by US regulators. The US Consumer Product Safety Commission (CPSC) decided that Amazon's current alert system was inadequate in ensuring customers stopped using dangerous items.