Tag AMZN

Amazon is making significant strides in AI, focusing on cloud services and consumer applications. See why it's not an ideal time to start a position in AMZN...

Amazon says that it's establishing a new R&D lab in San Francisco, the Amazon AGI SF Lab, to focus on building "foundational" capabilities for AI agents. The Amazon AGI SF Lab will be led by David Luan, the co-founder of AI startup Adept, and will seek to build agents that can "take actions in the digital and physical worlds," and "handle complex workflows" using computers, web browsers and code interpreters. "Our work will build on that of Amazon’s broader AGI team," reads a post written by Lua...

The Dow Jones, S&P 500 and Nasdaq held onto losses Monday afternoon. Amazon.com stock halted its rally, as shares reversed and slid...

MOUNTAIN VIEW, Calif., December 09, 2024--Intuit Inc. (NASDAQ: INTU) and Amazon (NASDAQ: AMZN) today announced a multi-year strategic partnership to empower millions of Amazon sellers to manage their finances, stay compliant, access capital, and grow their business. By leveraging Intuit’s AI-driven expert platform, millions of Amazon sellers will be able to discover and access Intuit’s platform seamlessly, benefiting from powerful financial insights like profitability, cash flow, and estimated t...

Shares of chipmaker Advanced Micro Devices (NASDAQ: AMD) fell 5.4% in Monday trading, as of 2 p.m. ET. The semiconductor stock fell today on the heels of an analyst downgrade from a Wall Street sell-side analyst, capping off a difficult few trading days for the artificial intelligence (AI) hopeful. Today, Bank of America analyst Vivek Arya downgraded AMD to neutral from buy, while lowering his price target from $180 to $155...