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Berkshire Sells Most Amazon Shares, Buys New York Times

Berkshire Hathaway sold over 75% of its Amazon (AMZN) stake in Q4 2024, a significant divestment from the e-commerce leader.The firm pivoted by acquiring...

Amazon Stock Plunges on $200B AI Spending Plan

Amazon (AMZN) stock fell over 8% on Friday, extending a 14% weekly decline after its fourth-quarter earnings report.CEO Andy Jassy announced a projected $200...

Amazon, Meta Stock Outlook Amid Heavy AI Spending Plans

US stock markets show mixed signals as traditional tech giants project strength while precious metals and cryptocurrencies decline.Amazon and Meta stocks face bearish pressure...

Amazon in OpenAI Talks for Custom AI, Investment

Amazon is negotiating a commercial deal for "special access" to OpenAI's technology, aiming to tune its AI models for products like the Alexa voice...

Amazon launches Alexa.com web AI chat with shopping, devices

Amazon launched a browser-based chat interface called Alexa.com for its Alexa+ assistant.Early Access users can chat with Alexa+, generate images, upload documents, and view...

Evercore: Amazon’s Rufus AI Could Fuel 50% 2026 Rally Growth

Amazon is positioned for growth in 2026 driven by its AI assistant Rufus and agentic commerce, per Evercore analyst Mark Mahaney.Evercore reiterated a Buy...

Amazon Eyes $10B OpenAI Deal, AI Stocks Fall on Chip Concerns

Amazon is reportedly in discussions to invest up to $10 billion in OpenAI, with a possible requirement for OpenAI to use Amazon Web Services...

Amazon Stock 2025 Forecast: Analysts Set Targets $250-$300

Amazon stock is forecasted to reach price targets between $250 and $300 by the end of 2025, according to 61 Wall Street analysts.The consensus...

Latest news

Amazon stock surges 15% on Q2 earnings, AWS revenue up 37%

Amazon's Q2 earnings beat Wall Street forecasts, driven by AWS revenue of $42.2 billion (up 36.7% year over year)CEO...

Google removes Earth AI feature after fake satellite image backlash

Google removed an AI image-generation feature from Google Earth on July 31, just one day after its July 30...

Moonshot AI Uses 20,000 Nvidia Chips Leased from Alibaba

Beijing-based AI startup Moonshot is using a cluster of around 20,000 NVIDIA chips leased from backer Alibaba to train...