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Amazon Awaits Key Vote on New Chicago-Area Superstore Concept
Amazon awaits the final vote today from the Orland Park Village Board in Illinois. The proposal details a new 229,000-square-foot retail store. This...
Amazon Projected to Become First U.S. Company with $1 Trillion Annual Revenue by 2028, Driven by AWS and AI Investment
Financial analysts at 24/7 Wall St. project that Amazon will become the first U.S. company to achieve $1 trillion in annual revenue by 2028, driven primarily...
Amazon Confirms February 12 Launch Date for First 2026 Kuiper Satellite Mission
Amazon has officially scheduled its first heavy-lift launch for Project Kuiper (Leo) in 2026, marking important progress for its ambitious global satellite...
Institutional Investors Increase Holdings in Amazon, Signaling Confidence
On January 17, 2026, reports confirmed that several investment management firms increased their stakes in Amazon.com Inc. (AMZN). These moves signal growing...
Amazon Founder Jeff Bezos Summoned by Indian Court Over Third-Party Product Sale
Amazon founder and executive chairman Jeff Bezos has been summoned by a court in Ambala, India. The case concerns allegations that a third-party product sold...
Amazon Shares Trade Flat as Analysts Maintain Bullish 2026 Outlook on AWS Growth and Robotics Efficiency
Amazon is being highlighted by analysts as a standout stock for 2026, driven by expectations of accelerating growth in Amazon Web Services (AWS) and...
Amazon Acquires Massive 1.2GW Solar-Plus-Storage Project in Oregon
Amazon secured the 1.2GW Sunstone solar project in Oregon. The company acquired the asset for $83 million from the bankrupt developer Pine Gate...
Amazon Declares $475M Stake in Saks 'Worthless' Amid Bankruptcy Dispute
Amazon.com Inc. declared its $475 million stake in Saks Global's acquisition of Neiman Marcus "worthless." This declaration follows Saks' recent bankruptcy...
Amazon Web Services Partners with Rio Tinto for Sustainable Copper in Data Centers
Amazon Web Services (AWS) partnered with Rio Tinto, becoming the first customer for the mining group's innovative, low-carbon copper. The agreement spans two...
Amazon stock edges higher amid AI optimism and AWS growth expectations
Amazon shares rose 0.94% to $238.88, recovering amid generally constructive analyst sentiment driven by confidence in AWS growth and expanding high-margin...
Wikimedia Foundation Announces Paid AI Training Partnerships with Amazon, Meta, and Microsoft
The Wikimedia Foundation, the nonprofit operator of Wikipedia, announced new and expanded paid partnerships with Amazon, Meta, Microsoft, Perplexity, and...
Amazon Launches Sovereign Cloud in Europe to Address Data Privacy Rules
Amazon Web Services (AWS) launched its European Sovereign Cloud on Thursday. This new independent platform is designed specifically to meet stringent European...
Amazon Stock Drops 2.41% as Tech Sell-Off Amplified by Inflation Worries
Amazon shares dropped 2.41% to $236.75 as the market reacted to persistent inflation data, amplifying investor concerns over growth valuations in a high-rate...
Amazon stock declines with broader market amid bank earnings and inflation data
Amazon stock fell 1.92% to $237.94 on January 14, 2026, despite no specific company news, mirroring a broader market decline driven by mixed inflation data and...
Amazon Tapped as Top 2026 Trade by Bernstein, Receives $300 Price Target
Bernstein named Amazon and Meta as their top Big Tech trades for 2026, with analyst Mark Shmulik setting a $300 price target for Amazon, citing strong growth...
Amazon Pressures Suppliers for Price Cuts Ahead of Supreme Court Tariff Ruling
Amazon seeks significant price reductions from its suppliers. Requested discounts range from low single digits up to 30 percent. The e-commerce giant aims to...
Amazon to Launch Walmart-Style Superstore, Expanding Physical Retail Footprint
Amazon will launch a new big-box retail store concept, directly challenging competitors such as Walmart. The company revealed plans for a nearly...
Italy Reduces Record Antitrust Fine Against Amazon by Over €375 Million
Italy’s antitrust authority has substantially cut the fine imposed on Amazon. The penalty was reduced from €1.128 billion to €752.4 million ($878.2...
Amazon Deepens Push into Healthcare and AI with New Initiatives
Amazon is advancing strategic initiatives in healthcare and artificial intelligence. The company's pharmacy division recently began offering the weight-loss...
Amazon Showcases 'Bee' AI Wearable With Proactive Assistant Features
Amazon is advancing its push into the AI wearable market with "Bee," a screen-free device that can be worn or clipped to clothing. [3, 6, 18] Following its...