Amazon will stop charging sellers in India referral fees for products under 1,000 rupees ($10.98), the company said on Monday, as it looks to attract more merchants to its online marketplace and get a stronger footing in the country's competitive e-commerce industry.
Amazon's cloud unit, AWS, said on Sunday that power to its data center in the United Arab Emirates was shut down temporarily after objects struck the facility, triggering sparks and a fire.
Amazon ( NASDAQ:AMZN | AMZN Price Prediction ) has long established itself as a pioneer in artificial intelligence, integrating sophisticated AI capabilities across its vast ecosystem.
Market sentiment appears overly defensive in certain areas, suggesting potential mispricing in risk assets. The analysis highlights top-tier BDCs, focusing on dividend yields, price/NAV, leverage, and credit quality. Main Street Capital (MAIN), Capital Southwest (CSWC), and Ares Capital (ARCC) offer strong yields with varying risk profiles.
Wall Street analysts regularly tell investors which stocks present the most promising opportunities for patient investors.
It's been a topsy-turvy week of stock trading, and today is no exception: pre-market futures have fallen deep into the red this morning, threatening to kick off 2026 with two consecutive down months of trading. At this moment, the Dow is down -600 points, -1.21%, the S&P 500 -66, -0.96%, the Nasdaq -272, -1.09% and the small-cap Russell 2000 -42 points, -1.58%.
AMZN plans a $200 billion capex surge for 2026 after record Q4 results, but shrinking free cash flow raises stakes for its AI growth ambitions.
OpenAI's new $730 billion valuation is more than double what it was a year ago. But OpenAI's financials pale in comparison to those of public peers.
Amazon Web Services will be the exclusive third-party cloud distribution partner for OpenAI Frontier.
Amazon's new artificial intelligence czar, Peter DeSantis, is a larger-than-life figure within the company.
A U.K. Court of Appeals ruled Thursday (Feb. 26) that two lawsuits alleging that Amazon abused its dominant position in the market can proceed, according to updates posted by the Competition Appeal Tribunal. Amazon had asked the court to throw out the collective proceedings, which are similar to class action lawsuits in the U.S.
No matter how transformative AI is, the sector faces two main challenges to its growth in the US.