Amazon.com is a multinational technology and e-commerce company that revolutionizes the way consumers shop online. It offers a vast selection of products and services, ranging from books and electronics to household goods and digital content, through its user-friendly platform. In addition to its retail operations, Amazon provides cloud computing services via Amazon Web Services, enabling businesses to leverage powerful computing resources. The company is also known for its innovations in logistics, such as advanced delivery systems and the use of artificial intelligence. With a strong emphasis on customer experience and technological advancement, Amazon continues to expand its presence in various sectors, including entertainment, smart home technology, and grocery services. Read More
Futurum CEO Daniel Newman and UBS turned bullish on Amazon, citing expectations that AWS growth could double to 38% in 2026 as heavy AI and cloud investments drive accelerating demand despite recent weakness in the stock.
Amazon stock took a beating in recent trading. Shares plunged more than 11% following the company’s fourth-quarter earnings report. The earnings miss wasn’t the only problem. Amazon’s capital expenditure forecast sent shockwaves through Wall Street.
Amazon was under pressure after the company’s spending outlook caught investors off guard, which added to the concerns that the AI boom may be edging into bubble territory. Meanwhile, the groundwork for the merger of SpaceX and xAI has been underway.
Major tech stocks swung sharply as Amazon posted mixed Q4 results, Snap surged on an earnings beat, Alphabet delivered strong cloud and YouTube growth, Palantir pulled back after a rally, and TSMC announced a $17 billion expansion in Japan.
