Amazon.com, Inc. (AMZN)
Alphabet is one of the newest Buffett stocks -- and one of the best. Amazon checks off multiple boxes of the Buffett playbook.
Microsoft is considering legal action against Amazon and OpenAI over a multibillion-dollar agreement that could reshape how advanced artificial intelligence is delivered to businesses. At the centre of the dispute is a reported $50 billion deal tied to OpenAI's new commercial product, Frontier.
Sen. Elizabeth Warren accused Amazon of potentially overpaying for a Melania Trump documentary to gain favor with Donald Trump's administration, prompting lawmakers to seek answers, while Amazon maintains the deal was purely commercial.
Amazon CEO Andy Jassy said Tuesday (March 17) that the growth of artificial intelligence could drive the sales of the company's cloud computing unit Amazon Web Services (AWS) to a level double that he previously expected, Reuters reported Tuesday.
The e-commerce giant wants to reduce its postal volume by at least two-thirds by this fall.
Amazon.com (AMZN) shares rose nearly 1% Tuesday after the company broadened its ultra-fast delivery services in select U.S. markets. The expansion aims to stren