Amazon.com Stock News

I started the conversation by saying that one of my favorite retail stocks right now is Amazon.

The AI buildout trend is expected to continue at full speed. Cloud infrastructure companies are expected to thrive due to increased AI demands.

The stocks listed here all have market caps of more than $1 trillion. They are among the leading companies in tech, but their valuations still aren't terribly high with respect to earnings.

Starbucks has named longtime Amazon executive Anand Varadarajan as its new chief technology officer, tapping a veteran of the tech giant's grocery and supply chain operations as the coffee chain pushes to modernize technology in its stores.

Alibaba is transforming into a full-stack AI and cloud infrastructure leader, with its Cloud Intelligence Group now outpacing e-commerce growth. CIG revenues surged 34% year-over-year, driven by proprietary T-Head AI chips and dominant 34% market share in China's cloud infrastructure sector. BABA trades at a steep valuation discount to U.S. peers despite comparable growth and market dominance, ...

AWS drives most of its profit growth. Its advertising business is becoming its second profit engine.

Starbucks announced Friday that it has hired a new chief technology officer, Amazon veteran Anand Varadarajan. Varadarajan, who spent the last 19 years at Amazon, most recently led technology and supply chain for the tech giant's worldwide grocery stores business.

Starbucks said on Friday it has appointed Anand Varadarajan as its new chief technology, effective January 19, as CEO Brian Niccol pushes a tech revamp in stores to make labor more efficient.