Amazon.com, Inc. (AMZN)
It's been more than 10 years since Amazon stopped selling the Fire Phone. Now it's planning a comeback.
Amazon's data centers and e-commerce shipments are exposed to the conflict. Nvidia's GPU sales could slow down as energy costs rise.
Looks like Amazon's getting back into the smartphone game. More than 11 years after the e-commerce giant pulled the plug on its failed first effort, the Fire Phone, the company is now developing a new smartphone codenamed “Transformer,” Reuters reported, citing anonymous sources.
Recent selling in the stock market has fueled cratering valuations -- particularly in the technology sector.
Amazon is developing a smartphone that will integrate artificial intelligence capabilities and sync with the company's voice assistant Alexa, Reuters reported Friday (March 20), citing unnamed sources.
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Amazon is developing a new smartphone within its devices and services unit, more than a decade after its first failed attempt in the category, according to a report by Reuters. The project, internally dubbed “Transformer,” is being positioned as a personalised mobile device that can integrate with the Alexa voice assistant and act as a continuous touchpoint for Amazon users throughout the day.
Connors Investor Services Inc. grew its holdings in shares of Amazon.com, Inc. (NASDAQ: AMZN) by 3.1% in the undefined quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 138,819 shares of the e-commerce giant's stock after buying an additional 4,168 shares during the quarter. Amazon.com