Amazon's take on AI became just a little clearer at the 2023 Collision Conference, where Amazon Web Services (AWS) CEO Adam Selipsky spoke on Tuesday. In short, Amazon's approaching AI cautiously...
Continue ReadingA U.S. judge has dismissed a lawsuit against Amazon.com Inc brought by the parents of two teenagers who committed suicide by consuming sodium nitrite they bought on the online retailer's platform. U.S. District Judge James Robart in Seattle on Tuesday rejected claims by the parents of Ethan McCarthy and Kristine Jónsson that Amazon was liable for negligence and violating Washington state product liability laws. The parents sought unspecified damages from Amazon for letting an outside vendor sell sodium nitrite at 99.6% purity, which they labeled "suicide kits," to their children, saying it was known the chemical would likely be used for suicide...
Continue ReadingAmazon (AMZN) adds the perk of free Business Prime Duo to its Prime offerings for business customers...
Continue ReadingShares of image-browsing social platform Pinterest (NYSE: PINS) jumped higher on Wednesday after a prominent analyst said that the company has an important catalyst for the business. As of 10 a.m. ET, Pinterest stock was up 6%. The analyst in question is Ken Gawrelski of Wells Fargo...
Continue ReadingYahoo Finance Live examines Pinterest shares after receiving an analyst upgrade from Wells Fargo...
Continue ReadingUber downgraded, Pinterest upgraded: Wall Street's top analyst calls...
Continue ReadingPayments and interest on federal student loans were suspended early in the COVID-19 pandemic, providing financial relief to millions of borrowers. One company that could see an outsize impact is e-commerce leader Amazon (NASDAQ: AMZN). Amazon is the king of convincing consumers to make impulse purchases...
Continue ReadingThe Magnificent Seven had accounted for all the market's gains so far in 2023 but only three meet all the criteria for growth. Read more on the current split between value and growth...
Continue ReadingUber's shift towards the consumer business and its attempt to leverage its data could backfire. Click here to read our most recent analysis detailing why...
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