Jeff Bezos sells $737 million worth of Amazon shares

Amazon founder Jeff Bezos unloaded more than 3.3 million shares of his company, for a sale valued at nearly $737 million. It's part of a prearranged trading plan that will let Bezos sell up to 25 m...

Jeff Bezos sold Amazon shares worth about $737 million in June

Amazon founder and executive chair Jeff Bezos sold shares worth almost $737 million in the e-commerce giant in late June, according to a regulatory filing on Tuesday.

Amazon Reaches Automation Milestone by Deploying Its Millionth Robot

The company is also upgrading its entire fleet with a new generative AI model.

Amazon CEO on tariffs: So far we haven't seen prices appreciably go up

Amazon CEO Andy Jassy on Monday told CNBC's Jim Cramer that the tech giant hasn't seen significant price increases from tariffs, and he explained mitigation strategies his company and its sellers a...

Amazon Nearing Equal Number of Human and Robot Warehouse Workers

Amazon reportedly has a record 1 million-plus robots working in its warehouses. [contact-form-7] That's according to a report Tuesday (July 1) by The Wall Street Journal (WSJ), which points out tha...

Amazon's Robotic Warehouse Workforce Nears Size of Human Staff, Report Says

Amazon (AMZN) will reportedly soon have as many robots working in its warehouses as it does humans.

Prediction: These 2 Artificial Intelligence Stocks Will Be the World's Most Valuable Companies in 5 Years

At this point, it seems highly likely that artificial intelligence (AI) is on track to be the most impactful new technology since the internet. While the progression of the tech trend will certainl...

The Best Stocks to Buy With $5,000 In July

With the year half over, it's clear that one theme has dominated the market: artificial intelligence. AI remains the prevailing theme because AI hyperscalers continue to invest substantial amounts ...

3 Warren Buffett Stocks to Buy Hand Over Fist in July

Imagine taking painting lessons from Leonardo da Vinci. Envision yourself receiving tennis lessons from Margaret Court.

Amazon Prime Day: Tineco Gets Ready for Summer

MILAN--(BUSINESS WIRE)--Tineco, the brand known for its smart vacuum cleaners and floor washers, is jumping into summer with exclusive discounts during one of the hottest shopping events of the yea...

Amazon's Biggest Prime Day Event Yet: An Extended 4 Days of Exceptional Savings and Deep Discounts from Top Brands

SEATTLE--(BUSINESS WIRE)--Amazon (NASDAQ: AMZN) today announced its biggest Prime Day event ever, offering members more days than ever to shop millions of deals worldwide starting July 8 at 12:01 a...

As nations build 'sovereign AI,' open-source models and cloud computing can help, experts say

Open-source AI models and cloud computing are helping to democratize the AI world, panelists at CNBC's East Tech West 2025 in Thailand said. This will allow nations to build "sovereign AI," which r...

Amazon Is on the Cusp of Using More Robots Than Humans in Its Warehouses

The number of robots in Amazon facilities just surpassed one million, the most the e-commerce giant has ever had.

Amazon CEO Jassy says AI will lead to 'fewer people doing some of the jobs' that get automated

Amazon CEO Andy Jassy said the rapid rollout of generative AI means the company will one day require fewer employees to do some of the jobs that get automated by the technology. Jassy told CNBC's J...

AI will change the workforce, says Amazon CEO Andy Jassy

Amazon CEO Andy Jassy sits down with 'Mad Money' host Jim Cramer for a wide-ranging interview discussing Prime Day expansions, new delivery options, tariff impacts, humanoid robots and much more.


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