Amazon is trying out warehouse software that automatically makes staffing recommendations. Pilot tests show managers repeatedly overriding or disabling the automated features.
The “Magnificent Seven” tech stocks have driven the S&P 500 higher in recent years. SpaceX exploded onto the scene last month with a record IPO.
Ark Investment Management is going all in on AI.
The data is mixed as to whether there is an AI bubble.
Retirement investors staring at Amazon (NASDAQ:AMZN | AMZN Price Prediction), Tesla (NASDAQ:TSLA), and Apple (NASDAQ:AAPL) heading into Q2 earnings face one simple question: which of these three Magnificent 7 names best deserves a spot in a long-duration portfolio right now?
Both Amazon and Alphabet operate large cloud computing units, but their core businesses are quite different. Alphabet is growing faster than Amazon.
Dave Brown is leaving Amazon Web Services after nearly 19 years, departing at the end of July for a new role outside the company.
Dave Brown, a longtime senior executive in Amazon's cloud unit, plans to leave the company at the end of this month. He'll be replaced by Dave Treadwell, a high-level executive in Amazon's e-commerce division.
Inflation data gave investors hope on Wednesday morning. Semiconductor stocks took it away by lunchtime.