Amazon.com NASDAQ: AMZN shareholders approved the company's director nominees, ratified Ernst & Young as independent auditor for fiscal 2026 and backed the company's executive compensation plan at the company's annual meeting, according to preliminary voting results announced during the meeting.
Amazon.com Inc (NASDAQ:AMZN)'s newly launched Alexa for Shopping platform could become a major long-term growth driver for its retail business, according to Bank of America analysts, who said the AI-powered shopping assistant may help the company defend its e-commerce dominance against rising competition from rival AI agents. The analysts described Alexa for Shopping, or “AfS,” as “a more powerful assistant for Amazon shopping,” combining the capabilities of Rufus and Alexa+ into a unified shopping assistant designed to improve product discovery, research and purchasing.
Autonomous driving gains traction as Tesla, Waymo and Zoox expand robotaxis, while ETFs offer diversified exposure to the AV boom.
Amazon (NASDAQ:AMZN | AMZN Price Prediction) is starting to look like a real frontrunner in physical AI.
Wall Street has spent the last six months questioning Mark Zuckerberg's aggressive AI capital spending, with Meta Platforms (NASDAQ:META | META Price Prediction) raising its 2026 capex guidance to $125 to $145 billion after a Q1 in which revenue grew 33% year over year.
Despite a massive rally in recent months, I'm reiterating my Strong Buy rating on shares of Amazon.com, Inc. The company's combination of a healthy e-commerce/Ads/subscription business, surging AWS sales, and soaring custom silicon business provides a slew of tailwinds to propel AMZN's future growth. Amazon ended Q1 2026 with a net cash and cash equivalents/marketable securities balance of $24 billion.
New York City Mayor Zohran Mamdani pushed back after Jeff Bezos said doubling his taxes would not help “that teacher in Queens.” Bezos called instead for eliminating federal income taxes on the bottom half of earners, arguing that would do more to help working-class Americans.
Amazon is a buy with 10-15% upside, driven by aggressive AI CapEx and long-term infrastructure leadership. AI CapEx fears are overblown; underinvestment poses a greater risk as compute demand could increase 2-3x by 2027. Logistics and advertising are evolving into high-margin, standalone platforms, likely to drive future margin expansion.
Find out how Jeff Bezos got the ball rolling in the competition with SpaceX's Starlink for space-based connectivity — and how Project Kuiper became Amazon Leo.
AMZN pushes Fire TV and Alexa+ upgrades to turn viewing and voice into shopping, as rising usage and purchases meet strong sales and heavy capex risks.
As investors pile in (and now, rush out) of the red-hot semiconductor trade as the go-to way to play the AI revolution and the big AI compute inflection point that many might still underestimate if agentic AI really does live up to the hype by offering meaningful returns on all that AI-related CapEx, perhaps it's time to think about some of the AI monetizers that could also win big, though perhaps not as massively as the hyperscalers.
For Claudia Buonocore, the thought of parting ways with her 15-year-old Kindle Touch e-reader is painful.