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Jeff Bezos just named Amazon's next big pillar

Jeff Bezos just named Amazon's next big pillar

In 2018, Jeff Bezos stood in front of Amazon employees at an all-hands meeting in Seattle and told them the company would one day go bankrupt. That quote resurfaced widely in late July 2026, almost exactly as Bezos appeared in a Fortune interview telling investors that Amazon's chip business is on ...
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Amazon Joins $3 Trillion Market Cap Club Amid AI and Cloud Expansion

Amazon Joins $3 Trillion Market Cap Club Amid AI and Cloud Expansion

Amazon Joins $3 Trillion Market Cap Club Amid AI and Cloud Expansion
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Amazon enters $3 trillion club as AI, cloud growth power rally

Amazon enters $3 trillion club as AI, cloud growth power rally

Aug 3 (Reuters) - Amazon's market value topped $3 trillion for the first time on Monday, helped by a sharp rally following strong earnings and signs that the AI boom is driving fresh demand for its cloud-computing services, the company's main profit engine.
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DeepSeek Releases V4-Flash AI Model, Undercuts Rivals with Low Costs

DeepSeek Releases V4-Flash AI Model, Undercuts Rivals with Low Costs

DeepSeek Releases V4-Flash AI Model, Undercuts Rivals with Low Costs
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Amazon's Market Cap Surpasses $3 Trillion Amid AI and Cloud Growth

Amazon's Market Cap Surpasses $3 Trillion Amid AI and Cloud Growth

Amazon's Market Cap Surpasses $3 Trillion Amid AI and Cloud Growth
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Amazon Invests $50 Billion in OpenAI Amid AI Funding Surge

Amazon Invests $50 Billion in OpenAI Amid AI Funding Surge

Amazon Invests $50 Billion in OpenAI Amid AI Funding Surge
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JPMorgan resets Amazon stock target after AI payoff

JPMorgan resets Amazon stock target after AI payoff

Amazon (AMZN) stock blasted off post-earnings as Wall Street celebrated evidence that its whopping artificial intelligence (AI) spending was producing a measurable payoff.  For the most part, investors were bracing for another quarter marred by fears of capital expenditure and questions about ...
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Amazon Projects AWS as a Potential $1 Trillion Business Amid AI Growth

Amazon Projects AWS as a Potential $1 Trillion Business Amid AI Growth

Amazon Projects AWS as a Potential $1 Trillion Business Amid AI Growth
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Amazon's AWS Envisions $1 Trillion Revenue Potential Amid AI Growth

Amazon's AWS Envisions $1 Trillion Revenue Potential Amid AI Growth

Amazon's AWS Envisions $1 Trillion Revenue Potential Amid AI Growth
Reuters Reuters
Alibaba unveils its largest AI model yet, DeepSeek's latest model is ultra-low cost

Alibaba unveils its largest AI model yet, DeepSeek's latest model is ultra-low cost

By Eduardo Baptista BEIJING, Aug 3 (Reuters) - China's Alibaba on Monday unveiled its largest and most capable AI model to date, sending its shares surging, while a research firm said DeepSeek's latest product offers cut-throat pricing that is more than 100 times cheaper than Anthropic's Claude
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Morgan Stanley's Amazon earnings verdict has a blind spot

Morgan Stanley's Amazon earnings verdict has a blind spot

Amazon (AMZN) stock closed the July 31 trading session up 15.32% at $271.58, as it soared following the release of its second quarter (Q2) 2026 earnings report on July 30. The stock is up 17.66% year-to-date as of Saturday morning, August 1. Meanwhile, the SPDR S&P 500 index (SPY) is up about ...
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Amazon's Andy Jassy Projects $1 Trillion Cloud Business with PGA Tour Partnership

Amazon's Andy Jassy Projects $1 Trillion Cloud Business with PGA Tour Partnership

Amazon's Andy Jassy Projects $1 Trillion Cloud Business with PGA Tour Partnership