SpaceX briefly topped Amazon's market cap on June 16, reaching $2.97 trillion at its intraday peak. The stock trades at 125 times trailing sales, roughly six times pricier than Nvidia.
Anthropic took its two newest AI models offline to comply with a U.
Amazon's commerce business helps fund AWS' growth. Microsoft is benefiting from AI spending in two ways.
Amazon's AWS cloud business grew 28% last quarter, its fastest pace in 15 quarters. Amazon's custom chips are now a business with a $20 billion-plus annual revenue run rate.
Carrying bullhorns and signs depicting Amazon executives as war criminals, about two dozen people protested outside the Spheres in Seattle on Thursday evening, calling on the company to stop providing technology to Israel for what they described as genocide in Gaza.
At the Everpure Accelerate 2026 summit in Las Vegas, Everpure, the company formerly known as Pure Storage, put a number on the AI infrastructure cycle consuming Wall Street.
Amazon CEO Andy Jassy used the Q1 2026 earnings call to declare AI's adoption speed has no precedent.
Amazon.com Inc. (AMZN, Financials) is giving investors a clearer timeline for one of technology's biggest emerging opportunities: quantum computing.Peter DeSant
Evercore ISI's head of internet research Mark Mahaney has a contrarian message for investors who've watched the Magnificent 7 lag the broader market.
The artificial intelligence boom has triggered one of the largest infrastructure buildouts in technology history.