Amazon.com Stock News

Tech giant Amazon.com Inc NASDAQ: AMZN continues to make a strong case for being one of the market's top momentum plays of the year to date. Shares closed just below $230 on Monday night after a 1.4% pop extended its multi-month rally to fresh highs.

President Donald Trump met with Jeff Bezos at the White House last week, people familiar with the matter told CNBC. Bezos has cozied up to Trump during his second term in the White House.

Amazon has acquired the AI wearables startup Bee, according to a LinkedIn post by Bee co-founder Maria de Loudres Zollo. Amazon confirmed the acquisition to TechCrunch, but noted that the deal has not yet closed.

Amazon.com, Inc.'s current P/E ratio is even lower than it was in early 2022, when panic swept the U.S. stock market amid an energy price shock that triggered massive inflation. Short-term market sentiment may be lukewarm, but I remain focused on Amazon's robust fundamentals and long-term shareholder value creation. Amazon's aggressive R&D and project investments have limited recent AMZN share ...

Amazon confirmed it plans to acquire Bee, a startup that makes a $50 artificial intelligence-infused wearable. Terms of the deal weren't disclosed.

Tech earnings season kicks off Wednesday with results from Alphabet and Tesla, followed by Meta, Microsoft, Amazon and Apple next week. President Trump's tariffs and AI spending were the big topics last quarter and remain top of mind for investors.

Amazon is buying Bee, a small San Francisco startup behind a $49.

Controversy erupted early on July 8, the first of Amazon Prime Day's four-day sales extravaganza. Momentum Commerce, which manage $7 billion in sales annually on Amazon, reported first day sales were down 41% compared to last year.