Amazon

$AMZN

NASDAQConsumer Discretionary

621 stories mentioning AmazonUpdated just now

Traded amid mixed consumer stocks; its Whole Foods unit lost a US labor board appeal over a Philadelphia store unionization vote.

What's the latest news on Amazon?

Japan87d ago

Update: US Equity Indexes Mixed Amid Steep Decline in Communication Services

(Updates with index/price moves and political/company news from the first paragraph.)US equity indexes traded mixed amid steep declines in communication services and consumer discretionary in Monday's midday trading.The Nasdaq Composite dropped 1.2% to 26,208.5, with the S&P 500 down 0.3% to 7,478.8, while the Dow Jones Industrial Average rose 0.4% to 51,774.9.All sectors, except communication services, consumer discretionary, and technology, gained. Real estate and healthcare led the gainers. Communication services sank 4.5%, and consumer discretionary was down 1.9%.Alphabet (GOOG, GOOGL) Google DeepMind data scientist and Nobel Prize winner John Jumper is leaving to join Amazon (AMZN) and Alphabet-backed Anthropic, he said Friday. Shares of Alphabet slumped 6% intraday.In geopolitical news, US Vice President JD Vance said Monday that Iran agreed to allow International Atomic Energy Agency inspectors into the country, according to media reports. "That is a major milestone for the American people, and the first step in permanently denuclearizing or permanently ending a nuclear weapons program in Iran, and that's exactly what we wanted to do," Vance was cited as saying.Front-month global benchmark North Sea Brent slumped 3.8% to $77.48 per barrel. The US West Texas Intermediate dropped 3.2% to $73.45 per barrel.

Dow JonesNasdaq CompositeS&P 500$AMZN$GOOG$GOOGL

Commodities87d ago

Amazon, Skyborn Sign 600-MW Power Purchase Agreement for Windfarm in Germany

Amazon (AMZN) and Skyborn Renewables have finalized a 600-megawatt power purchase agreement for the 976.5-MW Gennaker offshore windfarm in Germany, according to a joint statement on Friday."Amazon's long-term commitment to buy Gennaker's power gives Skyborn the financial certainty to move forward with construction," the statement said.Gennaker will be composed of 63 15-MW turbines, with construction to begin in summer 2026 after financial close. The facility is expected to come online in the end of 2028, Skyborn said, helping Germany reach its target of 30 gigawatts of installed offshore wind capacity by 2030.Following the agreement, Amazon's carbon-free energy portfolio in Germany now includes 12 projects, exceeding 1.3 GW in capacity.The project also adds a 3-billion-euro ($3.44 billion) investment in Mecklenburg-Western Pomerania, according to the statement.

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Sectors91d ago

Sector Update: Tech Stocks Climb Late Afternoon

Tech stocks were sharply higher late Thursday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising 2.9% and the State Street SPDR S&P Semiconductor ETF (XSD) jumping 6.8%.The Philadelphia Semiconductor index popped 6.6%.In corporate news, Intel (INTC) shares jumped past 10% after President Donald Trump said Apple (AAPL) has agreed to work with Intel to design and build chips in the US. Apple shares added 0.4%.Tower Semiconductor (TSEM) said it shipped more than five million coherent photonic integrated circuits in partnership with Marvell Technology (MRVL). Marvell shares surged past 13%, and Tower Semiconductor gained 4.7%.Micron Technology (MU) may deliver fiscal Q3 results well above Wall Street's expectations after market prices for memory chips came in higher than the company had assumed, Wedbush Securities said. Micron shares climbed 9.3%.Amazon.com (AMZN) is in discussions to sell its custom AI chips for use in other firms' data centers, expanding its efforts to challenge Nvidia's (NVDA) dominance in the AI chip market, Bloomberg reported, citing Amazon AI chief Peter DeSantis. Amazon shares rose 2.3%.

$AAPL$AMZN$INTC$MRVL$MU$TSEM

Sectors91d ago

Sector Update: Tech

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Wire91d ago

Update: Market Chatter: Amazon Workers Face Investigations After Data Center Testimony

(Adds company's comments in paragraph 3, 4 and 5)Three Amazon.com (AMZN) employees claim the company opened HR investigations after they testified in support of a Seattle moratorium on new data center construction, Bloomberg reported Thursday.The workers, members of Amazon Employees for Climate Justice, were separately summoned into HR meetings the week after their public testimony, with at least one told the investigation could lead to discipline or termination, according to a letter their lawyers sent to the Seattle Office for Civil Rights requesting an investigation, the report said."While our teammates are always free to talk about their working environment, we have policies against speaking as a representative of the company without following certain procedures - all of which are clearly agreed to by everyone who works at Amazon, and are similar to policies at many other companies," said amazon spokesperson Margaret Callahan."As we looked more closely at how these employees represented themselves, and how their comments were received by others, it became clear that they may have been speaking in their capacity as Amazonians and not as private citizens."We believe it's important to apply our policies consistently so, just as we would with anyone else, we're investigating whether there was a violation of our policies and may or make not take action based on what we find. It's important to note that we don't tolerate retaliatory behavior. It's also inaccurate to say that we have plans to terminate these employees or told them they were at risk of termination," she added.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $243.08, Change: $+5.58, Percent Change: +2.35%

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Wire91d ago

Market Chatter: Amazon Workers Face Investigations After Data Center Testimony

Three Amazon.com (AMZN) employees claim the company opened HR investigations after they testified in support of a Seattle moratorium on new data center construction, Bloomberg reported Thursday.The workers, members of Amazon Employees for Climate Justice, were separately summoned into HR meetings the week after their public testimony, with at least one told the investigation could lead to discipline or termination, according to a letter their lawyers sent to the Seattle Office for Civil Rights requesting an investigation, the report said.Amazon did not immediately respond to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $244.02, Change: $+6.52, Percent Change: +2.75%

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Wire91d ago

Market Chatter: Amazon in Discussions to Sell Custom AI Chips to Other Companies

Amazon.com (AMZN) is in discussions to sell its custom AI chips for use in other firms' data centers, expanding its efforts to challenge Nvidia's (NVDA) dominance in the AI chip market, Bloomberg reported Thursday, citing Amazon AI chief Peter DeSantis.DeSantis said Amazon has begun discussions with potential customers but declined to identify them. He added that the third version of Amazon's Trainium chip is "largely sold out" and dismissed concerns that selling the chips outside Amazon Web Services would hurt the company's cloud business, according to the report.CEO Andy Jassy said in April that it was "quite possible" Amazon would eventually sell its chips to third parties, the news outlet added.Amazon.com did not immediately respond to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $242.20, Change: $+4.70, Percent Change: +1.98%

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Wire91d ago

Amazon in Talks to Sell Custom AI Chips to Other Companies, Bloomberg Reports

$AMZN$NVDA

Wire91d ago

Street Color: Amazon in Talks to Sell Custom AI Chips, Bloomberg Reports

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Wire91d ago

Market Chatter: Microsoft, Amazon Web Services Face Ruling on EU Digital Markets Act

Microsoft (MSFT) and Amazon.com's (AMZN) Amazon Web Services are expected to receive preliminary findings from the European Commission as early as next week in a review examining whether the cloud platforms should be subject to the European Union's Digital Markets Act, Bloomberg reported Thursday, citing people familiar with the matter.The Commission's initial assessment is expected to indicate that the two cloud-computing businesses may fall within the scope of the EU's digital competition framework, the report said.The European Commission and Microsoft declined to comment, while Amazon Web Services did not immediately respond to' request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $377.86, Change: $-1.06, Percent Change: -0.28%

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Wire91d ago

WPP Unit Signs Multiyear AI Collaboration Agreement With AWS

WPP's (WPP) business transformation operating unit WPP Enterprise Solutions said Thursday it entered into a multiyear collaboration with Amazon.com's (AMZN) Amazon Web Services to help enterprise brands scale their artificial intelligence operations.Financial details weren't provided.The partnership aims to move companies from experimental pilots to scaled generative and agentic AI built on AWS across commerce, customer experience, and marketing, WPP Enterprise Solutions said.Price: $18.09, Change: $-0.34, Percent Change: -1.84%

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Wire92d ago

Check Point to Integrate With Amazon Bedrock AgentCore

Check Point Software Technologies (CHKP) said Wednesday it will integrate with Amazon.com's (AMZN) Amazon Bedrock AgentCore to extend its security controls into agentic workflows.The integration will enable Check Point to offer AI behavioral monitoring for destructive or misaligned actions, guardrails for content moderation, and partner-specific detection signals.The signals feed into AgentCore policy that acts at the gateway, allowing enterprises to pair Check Point's detection capabilities with automated enforcement, according to a statement.Price: $121.08, Change: $-0.88, Percent Change: -0.72%

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Wire92d ago

CrowdStrike Expands AWS Partnership Across AI Security, Cloud Operations

CrowdStrike (CRWD) said Wednesday it is expanding its collaboration with Amazon.com's (AMZN) Amazon Web Services across its project QuiltWorks AI risk framework and Falcon platform to strengthen security for AI applications and cloud workloads.The company said it is extending project QuiltWorks with AWS to harden cloud workload infrastructure against frontier AI vulnerabilities. Organizations running AWS workloads under the framework will gain continuous visibility and risk mitigation support.Separately, CrowdStrike said it is expanding its Falcon AI detection and response capabilities across AWS technologies including Amazon Bedrock, Kiro, and Strands Agents to help organizations detect and mitigate AI runtime risks in applications built on AWS.The company also said it is broadening Falcon platform availability through AWS Marketplace, including 30-day free trials for key products and new integrations such as Quick Start connectors for AWS services and AWS PrivateLink cross-region support to improve onboarding and cloud-scale security operations.Price: $685.51, Change: $+6.01, Percent Change: +0.89%

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Asia Markets93d ago

Update: US Equity Indexes Mixed as Technology Sector Retreats

(Updates with index/price moves, macroeconomic data, and political/company news from the first paragraph.)US equity indexes traded mixed as the Dow Jones Industrial Average hit a new peak intraday amid sliding crude oil prices, while technology sank to the bottom of sector charts.The tech-heavy Nasdaq Composite fell 0.6% to 26,537.1, with the S&P 500 down 0.3% to 7,534.2, while the Dow Jones Industrial Average rose 1% to 52,163.4 after midday Tuesday.All sectors except technology, energy, and communication services rose, with financials and industrials leading the gainers.Dow hit a fresh intraday record, taking out the all-time high scaled on Monday, as crude oil extended declines to the lowest level in more than three months following Sunday's announcement of an interim deal between the US and Iran to end the war in the Middle East.President Donald Trump vowed to publicly release the text of the memorandum of understanding Iran has signed with the US "in a couple of days," CNN reported Tuesday.Iran warned that any Israeli attack on Lebanon or continued occupation of its territory from now on will constitute a violation of the interim agreement with the US, Al Jazeera reported. However, Israeli Prime Minister Benjamin Netanyahu has made clear he does not intend to withdraw from southern Lebanon, Gaza, or Syria, according to the CNN news report.Front-month global benchmark North Sea Brent slumped 4.6% to $78.61 per barrel, and US West Texas Intermediate dived 5.1% to $75.66 per barrel after midday.In company news, Space Exploration Technologies (SPCX) has agreed to acquire Anysphere, which operates Cursor, an artificial intelligence-based coding agent, in a deal worth about $60 billion. Shares of SpaceX jumped 11% intraday, boosting the company's market cap above Amazon's (AMZN).Meanwhile, Yum! Brands (YUM) said it has signed agreements to sell Pizza Hut for a combined $2.7 billion through two separate transactions.In economic news, US import prices jumped 1.9% in May, ahead of the 1% increase expected in a Bloomberg-compiled survey and following a 2.0% gain in April. Excluding a 13% surge in petroleum prices, import prices were up 0.8% from 0.5%, beating the 0.5% forecast. Export prices climbed 1.3% in May, above expectations for 0.9% and following a 3.5% jump in April.The New York Federal Reserve's services index worsened to minus 10.1 in June from minus 5.8 in May. The index is the first services reading for June and suggests more widespread contraction.Redbook US same-store sales soared 9.4% from a year earlier in the week ended June 13, after surging 9.1% in the previous week. Seasonal categories such as air conditioners, fans, pool and beach equipment, swimwear, and other hot-weather apparel led the growth, according to Redbook.

Dow JonesNasdaq CompositeS&P 500$AMZN$SPCX$YUM

Wire93d ago

SpaceX Agrees to Acquire Cursor Parent Anysphere in $60 Billion Deal

Space Exploration Technologies (SPCX) has agreed to acquire Anysphere, which operates artificial intelligence coding agent Cursor, in a deal worth about $60 billion, just days after the rocket and satellite company went public.The transaction, which requires approval from regulators, is expected to complete in the third quarter, SpaceX said in a regulatory filing Tuesday.SpaceX had been working with Cursor to "create the world's best coding and knowledge work AI," the former said on the X platform in April. At the time, the Elon Musk-led company said it had the right to acquire Cursor later this year for $60 billion or pay $10 billion for their collaborative work.SpaceX on Monday closed its IPO of about 638.9 million shares at $135 apiece, following its blockbuster Nasdaq debut on Friday. The underwriters fully exercised their option to buy an additional 83.3 million shares.Shares of the company increased 8.1% as trading got underway on Tuesday, pushing its market capitalization above $2.7 trillion, higher than Amazon's (AMZN) valuation.SpaceX soared 20% on Monday.In a note emailed on Monday, KeyBanc Capital Markets said the space sector's recent sell-off is "unwarranted," with the industry's long-term growth prospects remaining strong.Price: $212.74, Change: $+20.24, Percent Change: +10.51%

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Wire93d ago

SpaceX Surpasses Amazon in Market Value

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Sectors94d ago

Sector Update: Consumer Stocks Mixed Late Afternoon

Consumer stocks were mixed late Monday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) decreasing 0.3% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) rising 1.7%.In corporate news, Fox (FOXA, FOX) agreed to acquire Roku (ROKU) in a cash-and-stock deal that values the TV streaming platform at about $22 billion. Roku shares declined 1.5%, and Fox Class A and Class B shares fell 16% and 15% respectively.The request by Amazon's (AMZN) Whole Foods for a review of the January 2025 vote by workers at a Philadelphia store location to unionize was denied Monday by the US National Labor Relations Board. Amazon shares were up 3.1%.Anheuser-Busch InBev (BUD) plans to invest over $20 million in its St. Louis and Arnold, Missouri, operations. Anheuser-Busch shares were down 1.5%.China's market regulator has ordered Walmart-owned (WMT) Sam's Club to strengthen food safety controls across its supply chain following the discovery of food safety issues, Reuters reported. The report said the State Administration for Market Regulation held talks with a Sam's Club executive and instructed the retailer to eliminate risks and safeguard consumer food safety. Walmart shares were decreasing 0.3%.

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Wire94d ago

Sector Update: Consumer

Consumer stocks were mixed late Monday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) decreasing 0.3% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) rising 1.7%.In corporate news, the request by Amazon's (AMZN) Whole Foods for a review of the January 2025 vote by workers at a Philadelphia store location to unionize was denied Monday by the US National Labor Relations Board. Amazon shares were up 3.4%.

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Wire94d ago

Update: US Labor Board Rejects Amazon Appeal of Whole Foods Unionization

(Updates with Whole Foods' response to a request for comment in the last paragraph.)The request by Amazon's (AMZN) Whole Foods for a review of the January 2025 vote by workers at a Philadelphia store location to unionize was denied Monday by the US National Labor Relations Board."The Employer's Request for Review of the Regional Director's Decision and Certification of Representative is denied as it raises no substantial issues warranting review," the NLRB said. "The Employer's request for extraordinary relief is denied as moot.""We strongly disagree with the Board's conclusion," a Whole Foods spokesperson told. "As previously stated, and as demonstrated throughout last year's hearing-including with first-hand testimony from various witnesses-restrictions on free speech and the union's illegal conduct interfered with our Team Members' right to a fair vote at our Philly Center City Store."Price: $246.21, Change: $+7.66, Percent Change: +3.21%

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