Amazon.com Stock News

Amazon.com Inc. (NASDAQ: AMZN) has been one of the stock market's biggest success stories ever.

Amazon (NASDAQ: AMZN) remains a top pick for Goldman Sachs as the investment bank reaffirmed its Buy rating with a $290 price target following the company's annual AWS re:Invent conference on December 5.

These tech giants are investing aggressively in artificial intelligence.

Berkshire Hathaway's soon-to-be-retiring CEO has crushed Wall Street's stock indexes over the last six decades. The largest investment holding the Oracle of Omaha oversees sports a market-leading share repurchase program.

Amazon.com Inc (NASDAQ:AMZN) is doubling down on its in-house AI chips, and chief executive Andy Jassy says the strategy is already delivering. At AWS re:Invent he revealed that Trainium2, Amazon's current accelerator, has reached a multibillion-dollar revenue run rate, with more than 1 million chips in production and over 100,000 customers accessing them through the Bedrock AI platform.

Alphabet And Amazon Proving Potential GPU Dominance Is Nvidia's Achilles Heel

An Italian unit of e-commerce giant Amazon has paid compensation and scrapped a monitoring system for delivery staff, ending a probe into alleged tax fraud and illegal labour practices, sources with knowledge of the matter said on Friday.

AWS CEO Matt Garman says Amazon's biggest constraint is no longer hiring engineers — it's coming up with the right ideas.