Amazon.com Inc
Goldman Sachs is piloting its first autonomous coder in major AI milestone for Wall Street
Key Points Goldman is testing an autonomous software engineer from artificial intelligence startup Cognition that is expected to soon join the ranks of the firm’s 12,000 human developers, Goldman tech chief Marco Argenti told CNBC. The program, named Devin, became known in technology circles last year with Cognition’s claim that it had created the world’s […]
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Amazon warehouse workers lose jobs after Trump’s immigration crackdown: ‘We have done everything legally’
Boxes are selected on a conveyor belt during Cyber Monday at Amazon’s fulfillment center in Robbinsville, New Jersey, U.S., December 2, 2024. Eduardo Munoz | Reuters Daphnee Poteau, a Haitian who came to the U.S in 2023, began working for Amazon last year at a returns center in Indianapolis. While packing up boxes, she met her husband […]
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Amazon Web Services is building equipment to cool Nvidia GPUs as AI boom accelerates
The letters AI, which stands for “artificial intelligence,” stand at the Amazon Web Services booth at the Hannover Messe industrial trade fair in Hannover, Germany, on March 31, 2025. Julian Stratenschulte | Picture Alliance | Getty Images Amazon said Wednesday that its cloud division has developed hardware to cool down next-generation Nvidia graphics processing units […]
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Retailers log $7.9 billion in online sales in first 24 hours of Prime Day
A worker sorts packages on Amazon Prime Day in New York, US, on Tuesday, July 8, 2025. Klaus Galiano | Bloomberg | Getty Images U.S. online sales jumped 9.9% year over year to $7.9 billion on Tuesday, the kickoff of Amazon‘s Prime Day megasale, according to Adobe Analytics. At that level, it marks the “single […]
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Photos show Altman, Iger and Cook arrive at ‘summer camp for billionaires’ in Sun Valley
Key Points Top executives from tech, media and finance gathered in Sun Valley, Idaho, for Allen & Co.’s annual conference this week. The gathering is often referred to as “summer camp for billionaires.” Apple CEO Tim Cook, Walmart CEO Doug McMillon, Disney CEO Bob Iger and OpenAI CEO Sam Altman were pictured entering the lodge. […]
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Retail investors outplayed fund managers over tariffs: Robinhood CEO
Retail investors, once dismissed as speculators, are now outmaneuvering professional fund managers by adhering to a simple strategy: buy into companies you believe in for the long haul, according to Robinhood’s CEO. Institutional investors have spent the weeks since April 2’s so-called “Liberation Day” worrying over macroeconomic signals and taking “risk off across the board,” […]
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Jeff Bezos sells $666 million in Amazon stock as part of plan to unload 25 million shares
Jeff Bezos gestures as he leaves Aman Venice hotel, ahead of their expected wedding, in Venice, Italy, June 25, 2025. Guglielmo Mangiapane | Reuters Amazon founder Jeff Bezos sold nearly three million shares worth $665.8 million over two days in July, a regulatory filing Tuesday showed. The stock sale is part of a plan announced […]
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CoreWeave to acquire Core Scientific in $9 billion all-stock deal
CoreWeave CEO Michael Intrator, left, testifies before the Senate Committee on Commerce, Science and Transportation in Washington on May 8, 2025. Chip Somodevilla | Getty Images Artificial intelligence-oriented cloud infrastructure company CoreWeave said Monday it will acquire Core Scientific, a data center infrastructure provider, in an all-stock deal valued at approximately $9 billion. CoreWeave stock […]
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Top Wall Street analysts are pounding the table on these 3 stocks
President Donald Trump’s announcement of a U.S.-Vietnam trade deal and a solid June jobs report lifted stocks last week, but investors can still find plenty of opportunities to snap up names at attractive levels. The recommendations of top Wall Street analysts can help inform investors as they search for the stocks of companies with strong […]
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