Stock futures are slightly higher this morning as the market looks to add to yesterday's record closing levels; major stock indexes are poised to close out May with solid gains for the second month in a row; Dell stock is soaring after an upbeat earnings report that showed booming demand for its AI servers; shares of The Gap are tumbling after the retailer reported disappointing results and cut its full-year sales forecast; and a Blue Origin rocket exploded on a Florida launchpad last night, the latest setback for the Jeff Bezos-owned company. Here's what you need to know today.
Jeff Bezos used a CNBC Squawk Box interview that aired May 20, 2026 to deliver the clearest statement yet of his current operating philosophy: artificial intelligence has become the single connective tissue across every company he touches.
Peter Schiff, the gold bug and Euro Pacific Capital chief who has spent two decades predicting the next dollar crisis, used his podcast The Peter Schiff Show episode “The Debt, the AI Bubble, and Strategy's Liquidity Crisis
Australia's competition watchdog on Friday launched Federal Court proceedings against Amazon's local unit over allegations that children's backpacks in its possession or control for sale on its online marketplace lacked mandatory button battery warning labels.
Amazon.com Inc (NASDAQ:AMZN) stock is down 0.9% to trade at $269.34, unable to capitalize on Snowflake's (SNOW) massive $6 billion AWS deal.
Amazon (NASDAQ:AMZN | AMZN Price Prediction) is knocking on the door of the $3 trillion club.
Amazon (NASDAQ:AMZN | AMZN Price Prediction) is knocking on the door of the $3 trillion club.
The artificial intelligence arms race has turned Silicon Valley into a spending contest.
It's often better to be overprepared than underprepared.
Shares of Amazon.com Inc NASDAQ: AMZN are trading around $270 this week, as they continue to consolidate just below the all-time high set earlier this month following a strong earnings report. All told, the stock is up more than 30% in less than two months, a run that has rewarded investors who held through a difficult start to the year.
Amazon introduced a solution that enables retailers to tap into the technology and learnings from its artificial intelligence shopping assistant to build their own conversational shopping experience.
AWS is releasing the Agentic Shopping Assistant, a tool that lets retailers build AI shopping experiences using the same technology behind Amazon's Alexa for Shopping, which drove nearly $12 billion in incremental sales last year.