Amazon.com, Inc. (AMZN)
At first glance, the Magnificent Seven had a bit of a stinker of a third quarter. But dig deeper, and there's reason to believe Wall Street is underestimating tech's heavy hitters.
S&P Global has rolled out a series of integrations with Amazon Web Services (AWS). This collaboration, announced in a Monday (Dec. 1) news release, is designed to let S&P customers use artificial intelligence (AI) agents to get answers to “complex market, financial, and energy-related questions” from S&P Global directly within their AWS environments.
Walmart recalls 201,000 Ozark Trail camping stoves after units exploded and caught fire, causing second-degree burns to consumers nationwide.
LAS VEGAS--(BUSINESS WIRE)--At AWS re:Invent, Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), today announced new agentic AI capabilities in AWS Transform that broaden customers' ability to rapidly modernize legacy applications and code at scale—to realize the full value of AI. Key takeaways AWS Transform custom capability makes rapid, large-scale modernizations possible for all legacy systems across any software, code, library, and framework. AWS Transform accelera.
Alphabet (GOOGL) and Amazon (AMZN) are combining Google Cloud and AWS to form one super service that aims to benefit both companies and ensure more security. Marley Kayden explains how the partnership works and the shift it indicates for cloud servicers ahead.
U.S. stocks fell Monday as a risk-off mood swept markets, with tech leading the decline.The Nasdaq Composite was down about 0.6%, the S&P 500 was down about 0.4
The Investment Committee give you their top stocks to watch for the second half.
Amazon.com Inc (NASDAQ:AMZN) could see meaningful revenue upside over the next two years as its cloud computing arm, Amazon Web Services (AWS), continues to unlock capacity, according to Oppenheimer analysts. In a note Monday, Oppenheimer raised its price target on Amazon to $305 from $290 while reiterating an “Outperform” rating.
Amazon.com hasn't received the same level of artificial-intelligence hype as many of its other “Magnificent Seven” tech peers this year, with investors questioning whether its cloud-computing business can gain market share.
Wells Fargo estimates that Amazon's apparel and footwear category will cross $72 billion in sales for 2025. Amazon overtook Walmart to become the top U.S. clothing seller in 2018, according the Wells Fargo.