Amazon (AMZN +0.55%) has investors on a roller coaster ride in 2026.
Zacks.com users have recently been watching Amazon (AMZN) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Meta Platforms (NASDAQ:META | META Price Prediction) is reportedly considering renting idle GPU capacity as a cloud business, and the market has picked sides.
Google and Amazon this week reported sharp increases in greenhouse gas emissions, driven by the frantic construction of artificial intelligence infrastructure that is pushing the tech giants further from their carbon-neutrality pledges.
Amazon's head of devices and services discussed the company's focus on artificial intelligence, Alexa Plus and new types of technology to support it.
Amazon has enough satellites in orbit to begin rolling out Amazon Leo, the company's broadband service, Bloomberg reported Thursday (July 2). The company gained another 29 satellites, bringing the total deployment to more than 390, when a United Launch Alliance rocket delivered them into orbit, according to the report.
It's no secret that AI is a hog, consuming energy and water like no digital technology before it. Now we know just how much Big Tech's pursuit of AI is costing the environment.
Amazon expects to roll out initial internet service with its Leo broadband satellite network later this year after the company's latest launch put the orbiting constellation's satellite count over 390, a company executive said on Thursday.
Amazon's stock held up reasonably well in recent months in spite of the growing fears around hyperscalers' skyrocketing capex figures. The business performs well, and this could now lead to a short-term market overreaction to broader industry long-term problems. Investors should also keep a close eye on the two major short-term risk factors that I outlined earlier this year.
My Amazon (NASDAQ:AMZN | AMZN Price Prediction) call is straightforward.
Amazon hardware chief Panos Panay told CNBC the company is designing end-to-end silicon for some consumer devices. Why it matters: Custom chips could help Amazon run AI features on-device and better connect hardware and software.
The latest trading day saw Amazon (AMZN) settling at $241.7, representing a +1.41% change from its previous close.