Amazon on Thursday said it would begin a process to deorbit two prototype satellites it launched in 2023 as an early test of its Kuiper broadband internet constellation, a planned network of over 3,00
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Adam Selipsky's departure from Amazon Web Services, announced last week, comes as the cloud unit faces heightened competition from companies rolling out artificial intelligence services. Gil Luria, an
Amazon Web Services just posted its best quarter in over a year. Amazon's free cash flow has reached record levels.
Finding the best tech stocks to buy that can perform like Microsoft (NASDAQ: MSFT ) can feel like searching for a needle in a haystack. Yet, investors still hold a sense of pride embarking on this jou
Quietly under the radar, Amazon (NASDAQ: AMZN ) stock is having an excellent year in the markets. It is up nearly 22% year-to-date, almost double the performance of the S&P 500 and the Nasdaq 100.
Investors traditionally favored mega-cap tech giants such as Nvidia (NASDAQ: NVDA ) for their artificial intelligence (AI) investments. That makes sense, just given the kind of run Nvidia has been on

Best Stock to Buy Right Now: Amazon vs. Disney

06:15am, Thursday, 23'rd May 2024
Amazon is benefiting from tailwinds in e-commerce and AI. Disney's streaming networks are expected to be fully profitable by the end of the fiscal 2024 fourth quarter.
The Magnificent Seven have sent Wall Street's major stock indexes to record levels. Two high-flying Magnificent Seven components were sent to the chopping block by top-tier billionaire money managers
Amazon.com's cloud unit on Wednesday said it has partnered with artificial intelligence startup Hugging Face to make it easier to run thousands of AI models on Amazon's custom computing chips.
Amazon is reportedly ramping up its logistics expansion efforts to compete with rivals such as Walmart, Shein and Temu. The company is focusing on acquiring industrial property and restructuring its

3 Cloud Computing Stocks to Buy Now: May 2024

04:30pm, Wednesday, 22'nd May 2024
The cloud computing boom may have lost a bit of its luster as an investing theme since the glorious rise of generative artificial intelligence (gen AI). Undoubtedly, we've all gotten used to all the b

Scale AI Valued at Nearly $14B With Amazon Funding

01:33pm, Wednesday, 22'nd May 2024
Scale AI, a startup that helps top tech companies improve the data used to build artificial intelligence products, has roughly doubled its valuation to $13.8 billion and is raising $1 billion in one o
Investors representing a majority of Amazon's shares voted against all 14 outside proposals submitted for the annual meeting of shareholders Wednesday morning, according to the company.
Amazon stock is higher Wednesday on news the company is working on an upgraded version of its Alexa voice assistant, which could include a monthly subscription.
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