Amazon's latest flurry of layoffs will hit the company's Stores division, the business unit responsible for its online retail storefront.
Amazon says its "About You" profiles use activity on its own services — not outside data. The profile draws on purchases, searches, reviews, lists, and Alexa for Shopping conversations.
Bank of America just revised its Big Tech capex forecast into trillion-dollar territory, and now investors want to know which AI spender actually earns that money back.
The three new Alexa-branded tablets are priced below what Apple and Samsung charge for similar tablets, but are higher than Amazon's existing, budget-friendly lineup of Fire tablets.
Amazon unveiled a new lineup of Alexa-branded tablets and said it's scrapping its budget-friendly family of Fire products. The company said the Alexa tablet's improved speed and performance, artificial intelligence features and upgraded design warrant a higher price tag and put the devices on par with "the best tablets on the market.
Everyone knows the AWS story, but three faster-growing businesses quietly running alongside it could change how investors value Amazon entirely.
Amazon on Thursday unveiled a new lineup of Alexa tablets that feature personalized intelligence from its Alexa+ AI assistant and full access to the Google Play Store. The lineup includes three models: Amazon Alexa Tablet 12 Pro, Amazon Alexa Tablet 11, and Amazon Alexa Tablet 8.
Meta and Amazon are burning through cash at a historic pace, but only one of them can show investors exactly when the bills stop and the returns begin.
Soaring Treasury yields have battered utility, real estate, and telecom stocks into multi-year lows, but five Wall Street favorites now sit at entry points that income investors rarely see.
Amazon had fresh job cuts across several teams on Tuesday. Fewer than 1,000 people were affected by the layoffs.
Conversations about Amazon's customer dossiers have taken over the Business Insider newsroom. Some insights were spot-on.
AMZN's expanding AI services, triple-digit AWS AI growth and widening margins can support further upside, despite heavy AI spending risks.