amazon

Amazon Shares Surge as Analysts Boost Price Targets Ahead

Amazon shares rose amid a broader tech stock recovery, supported by heightened holiday shopping expectations.The company announced a $50 billion investment to expand Artificial...

Cipher Mining Soars 32% on $5.5B Amazon AI Hosting Deal

Cipher Mining signed a 15-year lease with Amazon Web Services worth $5.5 billion for AI workload space and power.The contract is planned in two...

OpenAI, Amazon Ink $38B Deal to Scale AI with Tens of Millions of CPUs

Amazon Web Services and OpenAI have entered a multi-year strategic partnership to support the rapid scaling of Artificial Intelligence workloads. OpenAI will immediately begin using...

Amazon (AMZN) Shares Rally to Record High After Q3 Earnings Exceed Expectations

Amazon stock reached a new all-time high after surpassing earnings expectations in the latest quarter.Amazon Web Services (AWS) grew revenue by 20% and contributed...

Amazon Commits $5B to Build Data Centers in South Korea by 2031

Amazon Web Services will invest $5 billion in new data centers in South Korea by 2031. ...

Amazon (AMZN) to Lay Off 30,000 Workers Beginning October 28

Amazon plans to lay off up to 30,000 employees starting October 28, 2025.The job cuts aim to reduce costs and correct overhiring during the...

Amazon to Hire 250K for Holidays Amid Layoff, $19–$23/hr Pay

Amazon plans to hire 250,000 seasonal and permanent workers across the U.S. for the holiday season.New positions include both part-time and full-time roles, with...

Amazon Plans 15% Cut in People eXperience Technology Division

Amazon plans to reduce its People eXperience Technology (PXT) team by 15%. The cuts may also impact other divisions within the company. The PXT division currently...

Latest news

Tom Lee: Inflation Less Severe; Bullish on Ethereum

Tom Lee argues portfolio fees and flash memory prices distort inflation metrics, making the economy seem hotter than households...

PayPal CEO rejects $50B buyout, charts an independent future

Paypal CEO Enrique Lores has rejected a buyout offer exceeding $50 billion from rival Stripe and private-equity firm Advent...

Bitcoin Suisse to shift up to half of its Swiss jobs abroad.

Bitcoin Suisse plans to relocate up to 60 of its 120 Swiss positions, primarily back-office and administrative roles, to...