AMZN
NASDAQ NMS - GLOBAL MARKET · Retail
Amazon.com Inc
$264.14
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AMZN News30 articles
Netflix Stock Holds Steady as Ad Tier Reaches 250M Users
Netflix shares ended the week at $87.02, nearly unchanged, as the company revealed its ad-supported service now has 250 million global monthly active viewers and plans to expand to 15 more countries by 2027.
Pershing Square Takes $2.09B Stake in Microsoft, Lifting Shares
Pershing Square disclosed a $2.09 billion Microsoft stake, sending shares up 3.1% as the AI trade faces bond market headwinds.
NextEra-Dominion Merger Talks, Nvidia Earnings, and Retail Reports Set for Busy Week
NextEra Energy and Dominion Energy are in merger talks for a $400B utility, Nvidia reports earnings Wednesday, and major retailers like Walmart and Home Depot release results. Markets await Fed rate decisions.
Wall Street Slumps as Oil Surge, Yields Jolt AI Rally
U.S. stocks fell more than 1% Friday as oil surged and Treasury yields climbed, pressuring AI stocks and raising Fed rate hike concerns.
Alphabet Falls as Ackman Exits, Tech Stocks Slide on Oil and Yield Pressure
Alphabet shares fell 1.1% after Pershing Square sold its stake to fund a Microsoft position, while tech stocks slumped on rising oil and yields.
Berkshire Hathaway Reveals $55M Stake in Macy's, Shares Surge
Berkshire Hathaway's $55 million stake in Macy's sent shares up 5.9% in after-hours trading. The retailer declared a quarterly dividend and faces tariff headwinds.
Amazon's AI Shopping Assistant Now Handles Checkout, Stock Dips 1.8%
Amazon launches Alexa for Shopping, an AI assistant that compares products, monitors prices, and automates purchases. Shares fell 1.8% to $262.50.
Pershing Square Builds Microsoft Stake; Ackman Sees AI Value
Bill Ackman's Pershing Square has taken a new position in Microsoft, attracted by what he calls a 'highly compelling' valuation amid AI-driven spending concerns.
Anthropic Nears $900B Valuation in Record $30B Funding Round
Anthropic is raising $30 billion at a ~$900 billion valuation, potentially surpassing OpenAI. Annualized revenue is projected to exceed $45 billion.
Cerebras Shares Rally Further After Record 68% IPO Debut
Cerebras Systems shares climbed 5.7% in early Friday trading after closing 68% above their IPO price in Thursday's Nasdaq debut, making it the largest U.S. IPO of 2026.
Amazon Slips as Heavy AI Spending Weighs on Investor Sentiment
Amazon shares slipped 1.1% to $267.22, underperforming record highs in the S&P 500 and Nasdaq, as rising AI and cloud spending weighed on investor sentiment.
Microsoft Gains as AI Demand Drives Stock Higher
Microsoft shares rose 1.04% on Thursday as investors rotated into big tech, with Azure revenue up 40% and AI business run rate at $37 billion annually.
US Carriers Unite to End Phone Dead Zones, AST SpaceMobile Surges
AT&T, T-Mobile, and Verizon agreed in principle to launch a satellite-based direct-to-device joint venture, sending AST SpaceMobile shares up 11.8% to $83.66.
Plug Power Revenue Beats Estimates, But Path to Profitability Remains Steep
Plug Power's Q1 revenue beat estimates at $163.5 million, but a $245.3 million loss and ongoing cost-cutting efforts highlight the challenges ahead as it targets positive EBITDAS by year-end.
Alphabet's Global Bond Blitz Fuels AI Spending Spree
Alphabet is tapping global bond markets with its first yen-denominated sale as part of a $60 billion debt push to fund AI expansion. Google Cloud revenue rose 63% last quarter.
Cerebras IPO Prices at $185, Raising $5.55 Billion in Year’s Largest Debut
Cerebras Systems priced its IPO at $185 per share, raising $5.55 billion and valuing the AI chipmaker at $56.43 billion. Shares begin trading May 14 on Nasdaq under CBRS.
Geothermal Developer Fervo Energy Soars 35% on Nasdaq Debut Amid AI-Driven Power Demand
Fervo Energy closed 35% above its IPO price in Nasdaq debut, valuing the geothermal firm at $10.36B, as AI power needs drive investor enthusiasm.
Apple Backs Google in EU Digital Markets Act Dispute
Apple cautioned EU regulators that proposed DMA rules requiring Android to open features to competing AI services could endanger privacy and security. Alphabet shares rose 4% after strong Q1 results.
AOI Shares Jump on Surging AI Data-Center Demand
Applied Optoelectronics surged 21% on strong AI data-center demand, with Q1 revenue hitting $81.4M. Supply constraints are expected to persist through mid-2027.
Wall Street Hits New Peaks as Tech Surge Overrides Inflation Jitters
The S&P 500 and Nasdaq Composite closed at record highs Wednesday, shrugging off a hotter-than-expected April producer price report that pushed back Fed rate-cut expectations.
Cerebras IPO Skyrockets with Overwhelming Demand, Targeting $50B Valuation
Cerebras Systems is set to price its IPO above the $150-$160 range due to massive demand, with orders 20 times available shares, targeting a $50 billion valuation.
Dow Holds Steady at 49,700 as Inflation Data Rattles Tech and Rate Outlook
The Dow ended nearly unchanged at 49,700.29, but the S&P 500 dropped 0.54% and the Nasdaq fell 1.37% after April CPI surged 3.8%, driven by energy costs.
Dow Drops 298 Points as Hot CPI and Surging Oil Pressure Markets
The Dow dropped 298 points to 49,406 after April CPI rose 3.8% and oil surged above $100, curbing bets on Fed rate cuts. Goldman Sachs and Caterpillar led declines.
Target's Rally Hits a Wall as Earnings Prove Crucial
Target shares dropped 5.44% Monday, the steepest decline since August, as the market demands tangible proof of a turnaround ahead of the May 20 earnings report.
Google Finance AI Goes Live Across Europe with Local Language Tools
Google rolls out its AI-enhanced Google Finance platform across Europe, providing local-language market tools and research capabilities as the financial data sector shifts toward conversational AI.
AST SpaceMobile Q1 Loss Widens, Cash Reserves and Satellite Launch Plans Under Scrutiny
AST SpaceMobile's Q1 loss widened to $191M, revenue missed estimates at $14.7M, but the company maintains its 2026 outlook and a mid-June satellite launch, backed by $3.46B in cash.
Rigetti Computing Shares Surge Ahead of Q1 Earnings; Quantum Revenue in Focus
Rigetti Computing shares climbed 9% to $20.64 ahead of Q1 earnings, with analysts forecasting a $0.04 loss per share on $4.13 million in revenue.
Broadcom Surpasses Tesla, Meta, Walmart on $100B AI Chip Bet
Broadcom's market value reached $2.11 trillion, surpassing Tesla, Meta, and Walmart, as its AI chip revenue soared 106% to $8.4 billion, driven by long-term deals with Google and Meta.
VTI vs ITOT: Low-Cost Total Market ETFs Face Tech-Heavy Risk
VTI and ITOT, two low-cost total market ETFs, saw inflows on May 7 as U.S. equity funds attracted $5.83B. Both remain heavily weighted toward big tech, raising concentration risk.
Alphabet's $4.9T Market Cap Faces EU Hurdles and AI Showdown
Alphabet's $4.86T market cap faces EU antitrust uncertainty and key AI events this week. Google Cloud backlog nearly doubled to $460B, driven by enterprise AI demand.