Amazon launched a rapid delivery service in United Arab Emirates, called Amazon Now. The service promises to drop off "everyday essentials" to shoppers doorsteps in 15 minutes, or as little as 6 minutes in some neighborhoods.
Amazon's e-commerce customers are experiencing unusual delivery delays following the Amazon Web Services outage on Monday — suggesting that the cloud glitch has impacted the company's own operations more than than previously reported.
Amazon is undergoing a major investment phase, with over $100B planned for data center expansion to support AI and automation. Despite short-term free cash flow pressure, AWS and advertising are driving higher margins and profitability, positioning AMZN for long-term growth. At $216, AMZN trades at 14x EV/EBITDA forward 2025, with potential to reach $230 per share if EBITDA targets are met by 2...
Amazon.com, Inc. is rated a Buy due to solid fundamentals, rising margins, and significant potential AI-driven productivity improvements. AMZN's aggressive AI investments are expected to boost efficiency and profitability, even as they drive workforce reductions across the company. Widespread AI adoption poses a long-term risk to global consumption by reducing jobs and incomes, potentially impa...
From Reddit and Snapchat to Delta and Zoom, more than a thousand websites around the globe were knocked offline early Monday—and continued to have problems into the afternoon—after a major outage at Amazon Web Services, the single largest cloud service provider in the world.
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