Amazon.com, Inc. (AMZN)
Bath & Body Works launched an authorized storefront on Amazon, in its latest effort to sell products outside its stores. CEO Daniel Heaf told CNBC the launch is about meeting customers where they are.
Amazon Web Services suffered at least two outages in December linked to its own artificial intelligence tools, the Financial Times reported, citing people familiar with the matter. The more significant incident, lasting around 13 hours in mid-December, occurred after engineers allowed Kiro, an AI coding assistant capable of taking autonomous actions, to make changes to a system used by customers.
Alpha Cubed Investments LLC increased its stake in Amazon.com, Inc. (NASDAQ: AMZN) by 2.7% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 580,316 shares of the e-commerce giant's stock after purchasing an additional 15,454 shares during the period. Amazon.com accounts for about 4.4%
Amazon.com (NASDAQ: AMZN) has overtaken Walmart Inc. (NYSE: WMT) to secure the top spot in the Fortune 500 list for the first time in 13 years.
Slate Auto, backed by Jeff Bezos and other investors, to reveal prices for its affordable EV pickup truck in June.
Walmart had held the title as the biggest company by annual revenue since 2009.
Washington Supreme Court rules Amazon must face trial for negligence in "suicide kit" lawsuits linked to sodium nitrite sales.
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Micron offers a key component for all artificial intelligence (AI) chipmakers, giving it direct exposure to the AI buildout. Amazon continues to deliver impressive growth in cloud computing, online ads, and other segments despite a sluggish stock performance.