The Latest Breaking News from Amazon

AMZN Stock Soars 12% in Pre-Market Trading After Blowout Q2 Results as Analyst Says Amazon Is Already 'Monetizing' Its AI Investments

Amazon.com, Inc. (NASDAQ:AMZN) shares surged over 12% in Friday’s pre-market trading after the e-commerce and cloud-computing giant reported stronger-than-expected second-quarter results.

Benzinga · Jul 31

Amazon Added 10,000 Rivian Electric Vans In Just Six Months

Rivian’s lovable commercial EV now makes up 80% of Amazon’s global electric delivery van fleet.

InsideEVs · Jul 31

I'm an ex-Starbucks barista — you can make the Iced Brown Sugar Oatmilk Shaken Espresso at home for a fraction of the cost

For the eighteenth episode of The Coffee Lab, I let you in on a little Starbucks secret and show you how to make one of my favorite summer drinks.

Tom’s Guide · Jul 31

Cathie Wood Snaps Up $14.3 Million of Meta Stock After Post-Earnings Selloff, Ark Sheds Caterpillar Shares

On Thursday, Cathie Wood-led Ark Invest executed significant trades involving Meta Platforms Inc (NASDAQ:META) and Caterpillar Inc (NYSE:CAT). The investment firm increased its position in Meta Platforms while reducing its stake in Caterpillar, reflecting strategic adjustments amidst market fluctuations.

Benzinga · Jul 31

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 · Jul 31

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 · Jul 31

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 · Jul 31

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 · Jul 31

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 · Jul 31

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 · Jul 30