Jeff Bezos and OpenAI invest in robot startup Physical Intelligence at $2.4 billion valuation
Physical Intelligence, a robot startup based in San Francisco, has raised $400 million at a $2.4 billion post-money valuation, the company confirmed Monday to CNBC. Investors included Amazon founde...
Tech partnerships with power companies for AI in doubt after government rejects key Amazon agreement
The Federal Energy Regulatory Commission rejected a request to increase the amount of power the Susquehanna nuclear plant can dispatch to an Amazon data center campus. The agreement is viewed as a ...
Is Amazon Falling Behind on AI? It Might Not Matter After Its Latest Quarter
Amazon stock jumped on its latest earnings report.
US Stocks Settle Higher Following Jobs Data, Amazon Surges Post Results: Fear Index In 'Neutral' Zone
The CNN Money Fear and Greed index showed an improvement in the overall market sentiment, while the index remained in the “Neutral” zone on Friday.
Amazon Earns Another Quarter Of Trust
Amazon has an impressive portfolio with growth in all aspects of its business, driving total net income. The company's ads and AWS business have the ability to continue generating $10s of billion i...
1 Wall Street Analyst Thinks Amazon Stock Is Going to $270. Is It a Buy?
Wall Street liked what it saw in Amazon's latest report.
Amazon Set To Batter Competition Ahead Of Holidays
Amazon's (NASDAQ: AMZN) stock is up 30% this year, while the S&P 500 is 23% higher.
Monster insider trading alert for Amazon stock
As Amazon's (NASDAQ: AMZN) share price approaches the $200 resistance level following impressive Q3 earnings, the stock has witnessed significant insider trading activity.
Amazon Just Gave 4 Great Reasons to Buy Its Stock Hand Over Fist
Amazon continues to fire on all cylinders -- and its future looks bright.
Amazon 3Q24: Strong Beat Overshadows Rising Temu Risk
Amazon reported a strong set of results, driven by strength in ecommerce and rising AWS margins. Deceleration in third-party services implies merchant migration to competing platforms. Recent Temu ...
Amazon: Road To $325
Amazon reported better than expected Q3'24 earnings, driven by strength in e-Commerce, but especially in Cloud. Amazon beat both top and bottom-line earnings by wide margins. The biggest take-away ...
US regulators reject amended interconnect agreement for Amazon data center
U.S. energy regulators rejected an amended interconnection agreement for an Amazon data center connected directly to a nuclear power plant in Pennsylvania, a filing showed on Friday.
Dominion Energy is discussing small nuclear reactors with other tech companies after Amazon agreement
Dominion CEO Robert Blue said the Virginia utility is discussing small modular reactors with other large data center customers. Dominion serves the largest data center market in the world in northe...
Amazon results show AWS growth outpacing expectations, but competitive pressures loom
Amazon.com Inc (NASDAQ:AMZN) put out its Q3 results last night highlighted by strong performance from Amazon Web Services. Analysts at Jefferies cited sustained revenue momentum for AWS driven by g...
Amazon: A Machine From The Top Down
The management style adopted by Andy Jassy at Amazon is a feature, not a bug, in our view. We believe his approach will benefit long-term investors. The quarter just printed was strong, and we thin...
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