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The Latest Breaking News from Amazon

Amazon to boost spending on AI and other technology by $20 billion after strong Q2 results

The Seattle-based company said Thursday that sales in its cloud computing unit called AWS rose 37% during the April-June period, faster than the 28% clip in the previous quarter and marking the fastest rate of growth in 18 quarters.

The Economic Times

Amazon Stock Pops 9.5% After-Hours as AWS Fuels Earnings Beat: Jim Cramer Calls it 'Astonishing'

Amazon.com, Inc. (NASDAQ:AMZN) shares jumped Thursday after the company delivered stronger-than-expected second-quarter earnings, with investors and analysts praising accelerating Amazon Web Services profitability as evidence that returns on artificial intelligence investments are beginning to materialize.

Benzinga

US regulator advances rules for steering wheel-free autonomous cars

Federal regulators are allowing robotaxis to operate without steering wheels and potentially brake pedals. Amazon's Zoox vehicles received approval to charge customers for rides in Las Vegas. The National Highway Traffic Safety Administration is updating rules for autonomous vehicle technology. Concerns about safety data and reporting standards for robotaxis remain.…

The Economic Times

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Andy Jassy said Amazon will spend $220 billion this year—and still won’t have enough capacity to meet demand

AWS revenue hit $42.2 billion in Q2, marking its fastest growth in 18 quarters as AI demand outpaces Amazon’s ability to build more data centers.

Fortune

What to Plant in August for an Abundant Fall Garden

These late-season plants bring fresh color and movement to beds and containers

Homes & Gardens

D&D Icons resurrects Greyhawk, Dragonlance, and more with new books from legendary creators

D&D Icons brings back legendary creators for all-new projects, and Greyhawk is returning with a fresh adventure

GamesRadar

Apple and Amazon report rising revenues as investors turn on some tech stocks

Both tech companies beat Wall Street predictions on revenue in their second quarters

The Guardian - US

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Amazon Posts Double Beat In Q2, Fastest AWS Growth In 18 Quarters

Amazon.com Inc (NASDAQ:AMZN) posted financial results for the second quarter on Thursday after the closing bell. Here’s a rundown of the e-commerce giant’s report.

Benzinga

US stocks: Amazon beats estimates for quarterly cloud revenue growth

Amazon Web Services cloud revenue surged significantly, surpassing market forecasts. This strong performance was fueled by increased enterprise artificial intelligence spending. Rivals Microsoft and Alphabet's Google also reported solid cloud revenue growth. Amazon's e-commerce business saw increased activity during its Prime Day event. The company's investments in AI infrastructure are…

The Economic Times

US stocks: US market ends sharply higher, lifted by soaring Microsoft

Wall Street surged on Thursday, led by chip stocks and Microsoft's strong forecast. Microsoft's forecast eased investor concerns about massive artificial intelligence infrastructure spending. Other tech giants like Alphabet and Meta faced pressure from significant AI investment costs. The PHLX chip index saw substantial gains, with several companies reporting increases.…

The Economic Times

Amazon wants to launch over 5,000 satellites to build new mobile networks

A new FCC filing from Amazon seeks permission to launch an army of satellites to facilitate voice, data, messaging, and IoT support across the globe.

TechRadar

Steve Eisman Says Cutting AI Capex Would Sink the Market. Spending Too Much Could Be Just as Dangerous for Hyperscaler Stocks.

Steve Eisman warns that cutting AI capital expenditures could trigger a broad market selloff. But investors should also consider whether ever-rising hyperscaler spending carries risks of its own.

Barchart

If Your Tomato Leaves Are Curling, Here’s How to Quickly Fix It to Keep Your Harvest Coming

4 common reasons for tomato leaf curl and the simple fixes you need to know

Homes & Gardens

Amazon's Robotaxis Have Been Approved For Use. Zoox Will Now Begin Charging For Rides

Amazon's autonomous robotaxis can begin charging people for rides after gaining a series of approvals from the National Highway Traffic Safety Administration (NHTSA).

International Business Times

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Benzinga

Stock Market Today: Microsoft Ignites Chip Rebound as SanDisk Jumps 24%

U.S. equities clawed back Wednesday’s post-Fed losses by midday Thursday, with a blowout cloud print from Microsoft Corp. (NASDAQ:MSFT) reviving the artificial intelligence trade and dragging beaten-down semiconductor names sharply higher.

The Independent UK

The UK shops that could sell plug-in solar panels

Plug-in solar panels will become legal in Great Britain from 27 August, but retailers have yet to confirm when compliant products will go on sale

The Independent UK

Your next DoorDash order might be coming from the sky

DoorDash already offers drone delivery in select markets, including Christiansburg, Virginia, and parts of the Dallas-Fort Worth area through partnerships with Wing and Flytrex

Prime Video in August 2026: Top 5 new arrivals on Amazon's streamer

There are some major additions coming

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The Independent UK

Would you get in? Robotaxis with no steering wheel get federal green light

Federal regulators are clearing the way for robotaxis to operate without steering wheels or eventually even brake pedals

Fortune

Jeff Bezos could add to the swelling ranks of American billionaires in English soccer

Half of the 20 Premier League clubs are already owned by Americans.

Tom’s Hardware

Amazon accidentally spent $1.8 million using Claude for menial coding task, went 860% over budget —'catastrophically expensive' coding blunders discovered in internal Amazon AI usage metrics

An internal presentation revealed that a failed AI deployment cost Amazon $1.8 million, while a couple of other projects resulted in hundreds of thousands of extra AI expense. What's worse is that the issue went undetected for several months.

Fortune

‘I predict one day Amazon will fail’: Jeff Bezos once warned his company might only last 30 years. At 31, it’s the biggest company in the world

From humble bookstore to Fortune Global 500 giant, Amazon is now the world’s largest company by revenue.

Mic

65 Cheap Amazon Finds That Make Your Home Look Professionally Designed

Chic finds, clever hacks, and downright bougie upgrades — all for prices that will shock your group chat. Easy little tricks for making any space look expensive on a shoestring budget.

Mic

65 Home Upgrades That Make Your Place Look Fancy Without Emptying Your Wallet

Chic finds, clever hacks, and downright bougie upgrades — all for prices that will shock your group chat. Easy little tricks for making any space look expensive on a shoestring budget.

Tom’s Guide

Shopping on Amazon or Walmart? Why you shouldn't rely on their AI assistants just yet

A new Columbia Law School report claims Amazon and Walmart's AI shopping assistants make American-made products harder to find—and raises bigger questions about AI-powered shopping.

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