The tech giant has quietly shed warehouse employees whose work authorizations were revoked after the Trump administration ended a Biden-era immigration program.
Schaeffer's Investment Research turns 44 this month!
The final trades of the day with the Fast Money traders.
Amazon's Prime Day event has grown to four days, but some signs point to a lack of consumer enthusiasm this year.
Amazon.com Inc (NASDAQ:AMZN)'s multibillion-dollar satellite internet project, Kuiper, is accelerating its launch schedule and could generate $7.1 billion in consumer revenue by 2032, Bank of America said in a note Thursday. The firm estimates Amazon will invest about $23 billion to build out the Kuiper satellite network, which aims to deliver internet services to underserved regions.
CNBC's Deirdre Bosa joins 'Money Movers' to discuss Amazon weighing another multi-billion dollar investment in Anthropic.
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Amazon is reportedly considering adding to its $8 billion investment in Anthropic. The tech giant has discussed the idea of a new, multibillion dollar injection into the artificial intelligence (AI) model builder, the Financial Times (FT) reported Thursday (July 10), citing multiple sources with knowledge of the talks.
AI isn't just hype. It's replacing white-collar work fast. Agents are the next big leap, far beyond chatbots, and they're already disrupting software. This shift creates big opportunities. I highlight three elite growth stocks perfectly positioned to thrive as agent AI eats the SaaS world. Though I don't own them (yet), I believe they have what it takes to outperform, driven by data moats, innovation, and massive installed bases.
Prime Day promises big savings - but is it really built for shoppers? Meredith Margrave interviews a marketing expert who reveals how it works, what traps to avoid, and how to make sure the deals serve you
Amazon's sales reportedly dropped 41% on the first day of its four-day Prime Day sales event compared to the first day of last year's two-day event.
The In-Row Heat Exchanger that Amazon engineers designed will cool Nvidia's massive AI systems. Amazon Web Services looked at building liquid-cooled data centers and systems from third parties before concluding that it should make its own solution.