AMZN Amazon.com Inc
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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 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 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...
Amazon Confirms 97% of Alexa Devices Support New AI-Powered 'Alexa+' Service
Amazon has confirmed that its new generative AI-powered assistant, Alexa+, is now supported on 97% of existing Alexa devices. This broad compatibility is a key...
Amazon Secures Approval for UK Drone Deliveries
Amazon secured approval from the UK's Civil Aviation Authority (CAA) to begin same-day drone parcel deliveries. This move significantly advances the company’s...
Amazon Seeks to Acquire Gigawatt-Scale Solar and Storage Project in Oregon
Amazon.com Inc. plans to acquire the Sunstone Solar project in Oregon. The massive renewable energy development features 1,200 megawatts (MW) of solar capacity...
Amazon Continues Restructuring with Additional Layoffs Announced for January 2026
Amazon will execute another round of layoffs in January 2026. WARN Act filings indicate the cuts will affect between 1,001 and 2,500 employees. The job cuts...
Amazon Reportedly Planning to Cut Up to 30,000 Corporate Jobs by Mid-2026 in Strategic AI Pivot
Reports suggest Amazon may increase corporate layoffs, potentially reaching 30,000 roles by mid-2026. This expansion follows 14,000 job reductions that started...
Amazon Showcases AI-Driven Product Enhancements at CES 2026
Amazon focused on artificial intelligence integrations across its device ecosystem during CES 2026. The company introduced Alexa.com, which extends the Alexa+...
Amazon's 2026 Outlook Shifts to 'Strategic Harvesting' Driven by AI Investments
Analysts are shifting their view on Amazon's capital expenditures from 'reckless spending' to 'strategic harvesting,' projecting a massive re-rating of the...
Amazon and Big Tech to Avoid Strict EU Digital Regulations
Major U.S. tech companies, including Amazon, Google, Meta, and Microsoft, will avoid stringent, binding rules in the European Union’s digital regulation...
Amazon Unveils New Fire TV Experience and First Lifestyle TV at CES 2026
Ahead of CES 2026, Amazon announced a major update to its Fire TV platform. The refresh includes a redesigned user interface and a new mobile...
Amazon Settles Lawsuit with Flex Drivers Over Alleged Unpaid Tips
Amazon.com Inc. has reached a settlement with drivers in its Flex program. The lawsuit alleged the company did not pass along all customer tips to the...
Amazon Confirms Major Layoffs to Begin in January Amid Strategic Pivot to AI
Amazon will begin a substantial wave of layoffs on January 26, 2026, initiating a massive restructuring plan. Regulatory filings confirm the job cuts primarily...
Amazon Confirms May 2026 Upfront Event to Drive Ad Sales
Amazon announced it will host its annual upfront event on May 11, 2026, highlighting a strategic push into multi-sport content to further expand its rapidly...