I am reiterating my Buy rating on Amazon.com, Inc. supported by accelerating AWS growth as the company expands its data center capacity, doubles down on custom silicon and agentic AI capabilities. AMZN is on track to double its data center power capacity by 2027, with capex raised to $125B for FY25, fueling AWS and custom silicon expansion. Trainium2 custom silicon revenue grew 150% QoQ; Traini...
Amazon is cutting the fees it charges sellers in Europe as it responds to competition from marketplaces like Shein and Temu that sell clothes, homeware and gadgets at rock-bottom prices.
Amazon is testing ultra-fast delivery of groceries and essential items in two U.S. cities. The program, offering deliveries within around 30 minutes or less, is being piloted in parts of Philadelphia and Seattle, the company announced Monday (Dec. 1).
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