Amazon.com News - October 2026
Amazon's AI Push Hits Power Wall, Leaving Billions in GPUs Idle
Amazon's push into artificial intelligence faces significant hurdles because of power shortages at some U.S. data centers. [3, 6] Its cloud computing division,...
Egerton Capital's John Armitage boosts Amazon stake by 32%
In a recent SEC filing from October 20, 2026, John Armitage's Egerton Capital revealed a significant increase in its Amazon (AMZN) holdings. The filing, which...
Amazon's €16 Billion German Bet: Bold Infrastructure Play or Capital Drain on Shareholder Returns?
Reports emerged that Amazon plans to pour more than €16 billion (roughly $18 billion) into Germany in 2027, its largest single-country investment commitment in...
Amazon Plans Over €16 Billion for German Expansion in 2027
Amazon.com Inc. plans to invest more than €16 billion (approximately $18 billion) in its German operations in 2027. The company announced the investment at the...
Amazon, AEP and X-energy assess 960-MW Indiana nuclear plant for data centers
Amazon, American Electric Power (AEP) and X-energy have signed a joint development agreement to evaluate building a 960-megawatt nuclear power plant in...
Amazon Opens TorchNeuron to Run PyTorch on Trainium Chips
Amazon introduced TorchNeuron, an open-source tool that lets developers run code written in the PyTorch framework on its custom Trainium AI chips with minimal...
🟢 Amazon is trading 3.12% up today after Morgan Stanley raised its target to $350
Amazon is trading at $257.79, up 3.12%, in live trading on October 19, 2026, after Morgan Stanley raised its price target to $350 from $335 and named the...
Musk Explores Amazon Competitor Following Grok Bot Ordering Block
Elon Musk is evaluating the launch of a new e-commerce platform to compete directly with Amazon. This strategic consideration follows reports from users...
Amazon in Talks to Acquire AI Startup Decart for Around $7 Billion
Amazon is reportedly in discussions to acquire San Francisco-based AI startup Decart in a deal that could be valued at around $7 billion. Decart makes software...
Amazon Issues 100-Year Bonds as BNP Forecasts 43%-45% AWS Revenue Growth
On October 9, 2026, BNP Paribas forecast AWS revenue growth of 43% to 45%. It also projected operating income of approximately $28 billion. Amazon issued...
Amazon's Mississippi Data Centers Strain Grid, Sparking Power-Bill Concerns
Amazon’s data center expansion in Mississippi is straining the local power grid. Utility provider Entergy plans major grid upgrades and new power plants to...
Amazon Replaces Fire Tablets With Alexa Tablets and Google Play
Amazon has retired its Fire Tablet line and unveiled three new Alexa Tablet models for work and entertainment. Each features an aluminum chassis, signaling a...
xAI Will Route Grok Requests to Anthropic and Other Rival Models
Elon Musk said xAI will integrate competitors’ models into Grok, departing from the industry norm of relying exclusively on in-house technology. The shift...
AWS Raises AI Chip Reservation Prices 15% Amid Strong Demand
Effective October 7, Amazon Web Services (AWS) reportedly raised prices by 15% for most of its Nvidia-powered EC2 Capacity Blocks for ML offerings in the...
Amazon weighs $8B Nvidia chip leaseback to move assets off balance sheet
Amazon is discussing a plan to transfer about $8 billion worth of Nvidia Grace Blackwell chips to a special purpose vehicle (SPV), then lease them back for its...