Amazon.com Inc (AMZN)
Amazon seeks to offload about $8 billion of Nvidia chips
Amazon.com Inc (NASDAQ:AMZN) is seeking to offload about $8 billion of advanced Nvidia Corp (NASDAQ:NVDA, XETRA:NVD) chips to external investors while leasing them back, the Financial Times reported Thursday. The e-commerce giant held talks with investors in recent weeks to gauge interest in the proposed deal, the newspaper reported, citing people familiar with the matter.
5 Things to Know Before the Stock Market Opens on Friday
Stock futures are higher as oil prices fall and Treasury yields stabilize; the September jobs report is scheduled to be released this morning; Nike stock is tumbling after a disappointing sales forecast; Amazon is reportedly looking to move thousands of Nvidia chips off its balance sheet; and Broadcom is raising up to $60 billion to loan to some of its AI customers. Here's what you need to know today.
Amazon Just Joined Goldman Sachs' Conviction List: 5 New Top Stock Picks With Massive Upside
Goldman Sachs just overhauled its Conviction List with five new additions, and the upside targets on some of these picks will raise eyebrows.
How The Two BIggest Hyperscalers Stand to Benefit From Anthropic's IPO
Amazon and Alphabet both booked staggering Anthropic gains last quarter, yet the two hyperscalers are playing completely different games with the AI company heading toward a public listing.
$10,000 in Amazon Stock: What Could It Be Worth in 5 Years?
AWS just posted its fastest growth in 18 quarters and analysts are nearly unanimous in their bullishness, yet Amazon shares sit well below Wall Street's targets.
Amazon is hiking chip-rental prices and reportedly moving Nvidia processors off the balance sheet
In a sign of the financing crunch facing the hyperscalers financing the AI revolution, Amazon has announced it is raising prices on how much it charges to rent high-performance microchips as it reportedly is going to sell and then lease back Nvidia chips.
Amazon's New Push to Get Buy-In for Data Center Build-Out
The company is pledging transparency—and an extra $1 billion in community support—to woo skeptics and win ‘the race our nation can't afford to lose.'
Amazon Settles Lawsuit Over Claims of Slow Deliveries to Low-Income Areas
The tech giant will refund $7.25 million in Prime membership fees to affected customers and pay an additional $1 million to settle the suit brought by the District of Columbia.
Amazon releases its own Jev clone as decision models flood the web
Amazon Web Services released an open-source decision model inspired by TypeSafe's Jev, with AI developers increasingly seeking intelligence that is more suited to computer automation than frontier LLMs.
America's Critical Supply Chain Is Breaking
America's economy runs on trucks. Nearly everything consumers purchase, from groceries and household essentials to construction materials and electronics, spends at least part of its journey traveling on the nation's highways.
Price Prediction: Amazon Stock Will Hit $400 on This Date
Amazon shares sit 14% below their 52-week high, yet one specific earnings report next month could set the stage for a 62% surge over the next two years.
Amazon introduces Kindle Click, a $35 remote for turning pages
Alongside a redesigned Kindle lineup that features slimmer designs, zero bezels, and a lighter feel, Amazon announced a range of new accessories on Thursday. And one of them, a $34.99 remote called the Kindle Click, caught our eye.
