Amazon.com, Inc. (AMZN)

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$204.86
$0.07 (+0.03%)
Previous Close: $204.79
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$196.00$248.94

AI Insights

Amazon has officially surpassed Walmart to become the world's largest company by revenue, achieving $717 billion compared to Walmart's $713.2 billion. This milestone highlights Amazon's strong position in both retail and cloud services, particularly with the impact of Amazon Web Services on its growth. It's a significant shift in the retail landscape and underscores the growing importance of e-commerce and cloud solutions in today's market.

Updated about 4 hours ago

Latest News

Amazon's cloud unit hit by at least two outages involving AI tools, FT says

Amazon's ‌cloud ‌unit has suffered ​at least two outages ‌stemming ⁠from errors involving ⁠its own ​AI ​tools, ​the Financial ‌Times reported on Friday, citing ‌people ​familiar ​with ​the ‌matter. Reuters could not ​immediately ​verify the ​report. (Reporting ‌by Ananya ​Palyekar in ​Bengaluru)

about 4 hours ago

Amazon Is Now America’s Biggest Company. Its 17-Year Journey to Surpass Walmart.

Amazon Is Now America’s Biggest Company. Its 17-Year Journey to Surpass Walmart.

about 7 hours ago

Amazon Is Now America’s Biggest Company. Its 17-Year Journey to Surpass Walmart.

For nearly two decades, Walmart has been the country’s largest company by revenue, a status it touted to prospective hires, employees and suppliers. On Thursday, Walmart lost its crown. Amazon.com —a 31-year-old company—surpassed 63-year-old Walmart as the country’s largest company by annual revenue.

about 7 hours ago

Hundreds of NYC roles reportedly included in Amazon’s job reduction plan

Hundreds of NYC roles reportedly included in Amazon’s job reduction plan

about 8 hours ago

Hundreds of NYC roles reportedly included in Amazon’s job reduction plan

Amazon reportedly laid off hundreds of New York employees in January as part of broader workforce cuts affecting thousands of workers across the company.

about 8 hours ago

Here's Why I'm Not Buying Walmart Stock

Walmart's latest results were solid, but the valuation gap versus Amazon is hard to defend.

about 8 hours ago

Nvidia close to investing $30 billion in OpenAI's mega funding round, source says

Nvidia close to investing $30 billion in OpenAI's mega funding round, source says

about 9 hours ago