FTSE Russell is releasing its preliminary list of companies entering and leaving the Russell 3000 today.
Shares of IMAX jumped 16% on Friday after a report from The Wall Street Journal said the company is exploring a potential sale and has approached entertainment companies as possible buyers, fueling speculation that the premium cinema technology company could become an acquisition target for major media and technology firms. According to people familiar with the matter cited in the report, the sale process remains in its early stages and may not ultimately lead to a transaction.
Amazon (AMZN) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, AMZN crossed above the 20-day moving average, suggesting a short-term bullish trend.
Small caps lead the stock market higher Thursday amid the ongoing rebound. Amazon, ASML and Tesla are in or near buy zones.
Amazon.com NASDAQ: AMZN shareholders approved the company's director nominees, ratified Ernst & Young as independent auditor for fiscal 2026 and backed the company's executive compensation plan at the company's annual meeting, according to preliminary voting results announced during the meeting.
Amazon.com Inc (NASDAQ:AMZN)'s newly launched Alexa for Shopping platform could become a major long-term growth driver for its retail business, according to Bank of America analysts, who said the AI-powered shopping assistant may help the company defend its e-commerce dominance against rising competition from rival AI agents. The analysts described Alexa for Shopping, or “AfS,” as “a more powerful assistant for Amazon shopping,” combining the capabilities of Rufus and Alexa+ into a unified shopping assistant designed to improve product discovery, research and purchasing.
Autonomous driving gains traction as Tesla, Waymo and Zoox expand robotaxis, while ETFs offer diversified exposure to the AV boom.
Amazon recently sold its remaining stake in IonQ stock.
Amazon (NASDAQ:AMZN | AMZN Price Prediction) is starting to look like a real frontrunner in physical AI.