Wedbush analysts have high hopes for Amazon.com Inc (NASDAQ:AMZN)'s upcoming third quarter results on October 30, given what they called positive commentary around Amazon Web Service (AWS) growth, “healthy” trends for the core retail business, and strong advertiser demand. In a note to clients on Friday, the analysts highlighted several potential catalysts in the intermediate-term, including more meaningful improvements in cost to serve driven by deeper automation and robotics, commercialization of new AI capabilities in Alexa, monetization of Project Kuiper, which could begin late this year, and an expected increase in Prime Subscription prices in 2026.
Plus, AI browsers, flying car tech and a virtual immune system, in this edition of The Future of Everything newsletter.
Amazon (AMZN) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Samira Bakhtiar, general manager of media, entertainment, games and sports for AWS, breaks down how tech is increasingly intersecting with gaming, sports and entertainment as customers and consumers look for new and innovative ways to interact with content. -------- Like this video?
“Now we are just seeing OpenAI do the full Facebook when it comes to content policy.”
Amazon (NASDAQ: AMZN) continues to draw strong backing from analysts as price targets move higher for 2026.
A fifteen-year veteran of Amazon's devices division who had a hand in developing many of the most recognizable gadgets is leaving the company at the end of October, marking the second high-level departure in October.
Summary: Amazon's is planning to hire 250,000 seasonal workers for the 2025 holiday season, which many see as an indication that the company is anticipating a big retail demand.
The retail giant plans to expand its non-human workforce, with the goal of automating 75% of its operations, according to The New York Times.
Amazon on Wednesday said it is speeding up the automation of its warehouses with the help of artificial intelligence and robotics, raising questions about the future of human workers.
Recent reports that tech titan Amazon paid a paltry $20 million to buy the rights to the James Bond franchise seem incredibly wide of the mark. There is good reason for this.
Amazon said on October 22 in a press release that it is equipping its delivery drivers with AI-powered smart glasses to accelerate last-mile logistics, part of a broader operational overhaul that also includes enhanced delivery networks and seller-facing intelligence tools.