AMZN AMZN
Amazon Reportedly Investing $10 Billion in OpenAI to Bolster AI and Cloud Dominance
Amazon.com, Inc. is reportedly preparing a $10 billion strategic investment in OpenAI. This aggressive play aims to close the gap with rivals Microsoft and...
Tech Sector Job Cuts Exceed 126,000 in 2025, Driven by AI and Restructuring
The technology industry has experienced a significant wave of layoffs in 2025, with U.S.-based tech companies cutting over 126,000 jobs. This trend has...
iRobot Co-Founder Blames 'Wrong-Minded' FTC for Company's Collapse After Failed Amazon Deal
Colin Angle, co-founder of iRobot, has publicly criticized the U.S. Federal Trade Commission (FTC), stating its opposition to the proposed acquisition by...
Amazon Enhances Business Prime with New SMB-Focused Benefits, Boosting Stock
Amazon expanded its Business Prime membership program, targeting small and midsize businesses (SMBs). The expansion adds new benefits that complement existing...
🟢 AMZN is trading 3% up today with broader market rally on cool CPI data
AMZN is trading at +3% now at $227.90 amid a strong market open, tracking the NASDAQ's 1.33% gain fueled by better-than-expected November CPI data. ...
Amazon Taps 27-Year Veteran Peter DeSantis to Lead New AI and Quantum Tech Division
Amazon appointed 27-year veteran Peter DeSantis to lead a newly formed division. This unit will focus on advancing the company’s artificial intelligence...
Amazon CISO Discloses Years-Long GRU Cyber Campaign Targeting Critical Infrastructure
Amazon's Integrated Security team disclosed details of a "years-long" Russian state-sponsored (GRU) cyber campaign (2021-2025) targeting Western critical...
Amazon in Talks for Landmark $10 Billion Investment in OpenAI
Amazon.com Inc. is reportedly discussing a $10 billion investment in the artificial intelligence powerhouse OpenAI. Sources indicate these talks, described as...
Amazon and Apple Face £900 Million UK Lawsuit Over Alleged Collusion
Amazon and Apple face a new collective action lawsuit in the UK's Competition Appeal Tribunal. The claim, filed on behalf of millions of UK consumers, seeks...
Amazon Continues Workforce Reduction with Additional Job Cuts in Washington
Amazon is eliminating an additional 84 positions in Washington state. The affected roles include engineers and program managers. This action is separate from...
Amazon Considers Overhauling U.S. Delivery Network, Potentially Ending Long-Standing USPS Partnership
Amazon is reportedly in discussions regarding the future of its partnership with the U.S. Postal Service (USPS). The current contract is set to expire next...
Amazon Responds to Report of Banned Performance-Enhancing Drugs Sold on its Platform
Amazon is removing certain research chemicals, specifically peptides, from its marketplace. This action follows an Associated Press report that revealed the...
Amazon's Project Leo to Launch 27 Internet Satellites Aboard ULA Rocket
Amazon will launch 27 Project Leo internet satellites on Monday morning, December 15, 2025. The mission will lift off from Cape Canaveral Space Force Station...
Analyst Bullish on Amazon's Cloud, Advertising Growth
TD Cowen named Amazon its top mega-cap internet pick on December 10, 2025, citing anticipated revenue and margin growth driven by AWS, advertising, and...
AMZN down 1.72% in after-hours trading on December 12, 2025, tracking tech sector selloff
AMZN shares declined, mirroring a sharp tumble in the technology sector driven by concerns over AI infrastructure costs following guidance from Oracle and...
AMZN Expands Same-Day Grocery Delivery; AWS Focuses on AI Infrastructure
Amazon expanded its Same-Day perishable grocery delivery service to over 2,300 cities and towns as of December 10, 2025. AWS continued its innovation...
Amazon Pledges Additional $35 Billion Investment in India by 2030
Amazon announced a new $35 billion investment in India, scheduled for deployment by 2030. The commitment was revealed at the Amazon Smbhav Summit in New Delhi....
Amazon Details Ground Infrastructure Plan for Starlink Competitor
Amazon announced plans to install over 300 ground-based gateway stations globally for its satellite internet service, Leo (formerly Project Kuiper). The...
Amazon Pushes Drone Safety Standards, AWS AI Updates Continue
Amazon provided public comments on December 9, 2025, urging enhanced safety standards for expanded drone delivery nationwide with the FAA. AWS continues to...
Amazon Faces Growing Unionization as Queens Drivers Join Teamsters
Over 200 drivers at Amazon’s DBK1 delivery station in Woodside, Queens, successfully unionized with Teamsters Local 804. The workers informed management on...