Amazon.com Stock News

Berkshire Hathaway CEO Warren Buffett is one of history's most successful investors, and his expertise when it comes to identifying fantastic long-term opportunities has delivered incredible returns for his company's shareholders. Notably, Buffett has been famously averse to investing in the tech sector for most of his tenure as Berkshire's leader -- but that's changed a lot in recent years.

When you think of an artificial intelligence (AI) success story -- and one that's likely to continue -- you may think of Nvidia (NVDA -2.87%). That's because the company is the world's leading AI chip designer, and these chips as well as related products and services have helped earnings to skyrocket, reaching record levels.

After the sale, the Amazon founder will own about 905 million Amazon shares. He sold stock worth almost $5 billion last year.

Amazon founder Jeff Bezos unloaded more than 3.3 million shares of his company, for a sale valued at nearly $737 million. It's part of a prearranged trading plan that will let Bezos sell up to 25 million shares of Amazon through May 2026.

Amazon founder and executive chair Jeff Bezos sold shares worth almost $737 million in the e-commerce giant in late June, according to a regulatory filing on Tuesday.

The company is also upgrading its entire fleet with a new generative AI model.

After 13 years of deploying robots into its warehouses, Amazon reached a new milestone.

After 13 years of deploying robots into its warehouses, Amazon reached a new milestone.