AMZN Amazon.com Inc
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Amazon to Reportedly Initiate New Round of Thousands of Corporate Layoffs Next Week
Amazon is preparing for another significant round of corporate job cuts. The layoffs are expected to commence as early as next week. This action is part of an...
Amazon Overhauls Logistics Network to Compete with Walmart in Groceries
Amazon is launching a major strategic overhaul of its retail network, adopting traditional logistics models to better compete with Walmart for grocery...
Citi Reiterates 'Buy' on Amazon, Sets $320 Price Target on AWS and AI Strength
Citi analyst Ronald Josey reiterated a "Buy" rating on Amazon.com Inc. on January 22, 2026. He set a bullish $320 price target. Confidence stems largely from...
Amazon One Medical Launches Agentic AI Assistant for Personalized Health Services
Amazon deepened its push into healthcare by launching the agentic Health AI assistant within its One Medical app on January 21. This new feature leverages...
Blue Origin Unveils TeraWave Satellite Network to Rival SpaceX
Blue Origin, the aerospace company founded by Jeff Bezos, has announced a new satellite internet network named TeraWave. The network is designed to serve...
Amazon CEO Andy Jassy Warns Tariffs Are Driving Up Product Prices
Amazon CEO Andy Jassy stated that U.S. tariffs are beginning to cause price increases for products on its platform. Speaking at the World Economic Forum in...
Amazon.com Inc stock declines with broader market amid Trump tariff threats
Amazon (AMZN) shares dropped 2.18% intraday, trading at $233.91, as the tech sector reacted negatively to broader market risk-off sentiment stemming from...
Amazon Launches AWS European Sovereign Cloud and Expands Quick Commerce in London
Amazon Web Services (AWS) launched its European Sovereign Cloud. The independent cloud aims to meet stringent EU regulatory and data sovereignty...
Amazon Projected to Become First U.S. Company with $1 Trillion Annual Revenue by 2028, Driven by AWS and AI Investment
Financial analysts at 24/7 Wall St. project that Amazon will become the first U.S. company to achieve $1 trillion in annual revenue by 2028, driven primarily...
Amazon Acquires Massive 1.2GW Solar-Plus-Storage Project in Oregon
Amazon secured the 1.2GW Sunstone solar project in Oregon. The company acquired the asset for $83 million from the bankrupt developer Pine Gate...
Wikimedia Foundation Announces Paid AI Training Partnerships with Amazon, Meta, and Microsoft
The Wikimedia Foundation, the nonprofit operator of Wikipedia, announced new and expanded paid partnerships with Amazon, Meta, Microsoft, Perplexity, and...
Amazon Launches Sovereign Cloud in Europe to Address Data Privacy Rules
Amazon Web Services (AWS) launched its European Sovereign Cloud on Thursday. This new independent platform is designed specifically to meet stringent European...
Amazon Stock Drops 2.41% as Tech Sell-Off Amplified by Inflation Worries
Amazon shares dropped 2.41% to $236.75 as the market reacted to persistent inflation data, amplifying investor concerns over growth valuations in a high-rate...
Amazon Tapped as Top 2026 Trade by Bernstein, Receives $300 Price Target
Bernstein named Amazon and Meta as their top Big Tech trades for 2026, with analyst Mark Shmulik setting a $300 price target for Amazon, citing strong growth...
Amazon Pressures Suppliers for Price Cuts Ahead of Supreme Court Tariff Ruling
Amazon seeks significant price reductions from its suppliers. Requested discounts range from low single digits up to 30 percent. The e-commerce giant aims to...
Amazon to Launch Walmart-Style Superstore, Expanding Physical Retail Footprint
Amazon will launch a new big-box retail store concept, directly challenging competitors such as Walmart. The company revealed plans for a nearly...
Italy Reduces Record Antitrust Fine Against Amazon by Over €375 Million
Italy’s antitrust authority has substantially cut the fine imposed on Amazon. The penalty was reduced from €1.128 billion to €752.4 million ($878.2...
Amazon Showcases 'Bee' AI Wearable With Proactive Assistant Features
Amazon is advancing its push into the AI wearable market with "Bee," a screen-free device that can be worn or clipped to clothing. [3, 6, 18] Following its...
Amazon Confirms 97% of Alexa Devices Support New AI-Powered 'Alexa+' Service
Amazon has confirmed that its new generative AI-powered assistant, Alexa+, is now supported on 97% of existing Alexa devices. This broad compatibility is a key...
Amazon Secures Approval for UK Drone Deliveries
Amazon secured approval from the UK's Civil Aviation Authority (CAA) to begin same-day drone parcel deliveries. This move significantly advances the company’s...