Amazon’s Leo has 242 satellites in orbit and plans to start rolling out its service to some customers this year.
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In his annual shareholder letter, Amazon CEO Andy Jassy doubled down on massive AI investments and took a few swipes at rivals.
The Roundhill Magnificent Seven ETF, which tracks Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia and Tesla, has slid roughly 11% this year.
Is it possible Citrini underestimated the dopamine rush Millennials get when they use credit card points to book a “free” flight to Bali?
Change is the universal constant and even the Magnificent 7, being reshaped by AI upheaval, isn’t immune. Here’s what you should know.
This week, Amazeon scored a court order against Perplexity to ban, for now, the AI startup’s agents from shopping on its e-commerce platform.
The space race is on to build the biggest satellite internet network, and Amazon has some catching up to do.
Backing from Nvidia and Amazon made it the latest circular deal, in which money-losing AI startups are being financed by their own customers.
Transactions like these, where the interests of suppliers, customers and investors all seem to become one big loop, raise plenty of eyebrows.
The majority of Walmart’s gains came “from households making more than $100,000,” continuing a trend of wealthy shoppers turning to bargains.
Pershing returned 34% last year, well ahead of the S&P 500’s 17.9% and marking the latest in a near-decade-long streak of besting the index.
Earlier this month, Spotify’s monthly Premium subscription fee for US users went up $1 to $12.99 per month.
Recent layoffs at Amazon, Meta, Pinterest and chemicals company Dow are bringing fears of robots taking human jobs to a boiling point.
Shares jumped as much as 4% through Tuesday’s trading session, before evening out near the end of the day.
The foundry behind Nvidia’s and Apple’s chips predicted Thursday its capital spending would swell at least 27% this year.
With an estimated half a million workers needed to fill the construction industry’s labor shortages, AI investments this year may get stalled.