Amazon.com, Inc. (AMZN)

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Market Data

$207.92
$2.72 (-1.29%)
Previous Close: $210.64
52-Week Range
23% from low
$196.00$248.94

AI Insights

Amazon is reportedly looking to invest up to $50 billion in OpenAI, potentially making it the largest backer of the AI firm. This move could significantly enhance Amazon's position in the competitive AI landscape, especially as it seeks to bolster its cloud services through advanced technology. The implications for Amazon's growth in AI could be substantial, reflecting its commitment to innovation.

Updated about 4 hours ago

Latest News

'Bitcoin Retail Investors Are All In' And That's Why There's No Floor, Blockstream CEO Says

Blockstream CEO Adam Back told CNBC that Bitcoin (CRYPTO: BTC) lacks downside support because retail investors are “all in” with no cash left to buy dips, explaining the 25% year-to-date decline. The ‘All In’ Problem Back on Monday explained that...

about 3 hours ago

Amazon Tries Its Low-Cost Approach to Winning the AI Race

Amazon’s new artificial intelligence czar, Peter DeSantis, is a larger-than-life figure within the company.

about 3 hours ago

Nvidia Looks Like a Value Stock Even as Earnings Scream Growth

The stock is priced at about 22 times forward earnings, well below its five-year average of 37 and barely above the S&P 500’s multiple. “There’s something of a disconnect between how strong the results were and the stock not doing better,” said Robert Pavlik, senior portfolio manager at Dakota Wealth Management, which owns Nvidia shares.

about 3 hours ago

Want to Own Anthropic Stock But Can't? You Need to Buy Its AI Data Center Provider Instead.

You can get exposure to the upside of the disruptive artificial intelligence start-up by investing in technology giant Amazon.

about 4 hours ago

Amazon's Next Big Move Into Big-Box Retail Could Be an Incredible Opportunity

Despite past failures, this one will leverage the online shopping giant's strengths in a way -- and place -- where consumers have grown accustomed to spending their money.

about 4 hours ago

Wartsila CEO eyes boost from Trump datacenter push

By Simon Jessop and Anne Kauranen LONDON, Feb 27 (Reuters) - A push for U.S. datacentres to use their own power will boost demand for Wartsila's more environmentally friendly products and help

about 4 hours ago

Billionaire Stanley Druckenmiller Piled Into Alphabet and Amazon for a 2nd Consecutive Quarter and Dumped His Stake in Another "Magnificent Seven" Stock

Duquesne Family Office's billionaire boss made sizable moves in three of Wall Street's most influential artificial intelligence (AI) stocks during the fourth quarter.

about 4 hours ago