Amazon (NASDAQ: AMZN) is heading into its first-quarter 2026 earnings report with steady revenue growth expected, alongside rising scrutiny around profitability and capital spending.
Across its giant retail business, Amazon pushes for wider AI adoption to boost productivity. The company is closely monitoring AI tool adoption and engagement among engineers.
Amazon's podcasting business has transformed over the past six months, according to The New York Times.
California Attorney General Rob Bonta is seeking a preliminary injunction against Amazon to halt alleged illegal price-fixing practices as his office released evidence showing Amazon pressured vendors to raise prices across competitors' platforms, according to the AG's office and the court filing.
Amazon sellers say they've been frustrated with recent policy changes on the e-commerce site. A change announced in April regarding ad payments sparked a sellers' boycott.
In the latest big AI deal, Meta has inked a multibillion-dollar deal to use Amazon's new AWS Graviton chips, which are CPUs, not GPUs.
More techies are #opentowork as AI continues to shake up Silicon Valley.
A new AI-powered hybrid Hollywood startup backed by AWS is betting that cutting-edge production tech can cut costs, speed up filming and bring jobs back to LA.
Amazon (AMZN) is set to report earnings after the closing bell on Wednesday, with the stock seen potentially rallying to new record highs following the report.
Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB) has signed a multiyear agreement with Amazon Web Services (AWS) to deploy tens of millions of AWS Graviton cores, strengthening its compute capacity for artificial intelligence systems. The rollout will make Meta one of the largest users of AWS Graviton5 chips, which are designed for high-efficiency CPU performance in cloud environments.
Pre-market futures are off their early morning highs, but still mostly in positive territory. Cease-fire talks look promising, as Iran reportedly is sending negotiators to Pakistan and plans are for an Israel-Lebanon summit in the U.S. But the Strait of Hormuz remains closed, and even though Q1 earnings continue to come in strong, there remain plenty of question marks on the horizon.
The Nasdaq is by far the outperformer among major indexes at this hour, +315 points or +1.17%.