Amazon

$AMZN

NASDAQConsumer Discretionary

615 stories mentioning AmazonUpdated 8h ago

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?

Sectors8d ago

Sector Update: Consumer Stocks Decline Late Afternoon

Consumer stocks were lower late Tuesday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) down 0.5% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) decreasing 0.8%.In sector news, Canadian tariffs announced after trade talks with the US collapsed last month took effect on Tuesday and range from 15% to 50%, impacting hundreds of US products, including dairy, agricultural equipment, paper, household appliances and electronics.In corporate news, Netflix (NFLX) will report box office grosses for six of its upcoming releases for the first time, Variety reported Tuesday, citing two company insiders. These include "Narnia: The Magician's Nephew," an animated version of "Charlie and the Chocolate Factory", "La Bola Negra," David Fincher's "The Further Mis-Adventures of Cliff Booth," "The Mosquito Bowl" and "Ink," the report said. Netflix shares were down 2%.United Natural Foods (UNFI) swung to stronger-than-expected Q4 earnings and announced a share buyback program on Tuesday, while its full-year outlook fell short of Wall Street's expectations. Its shares rose 1.5%.Investigators said they have yet to determine the cause of Sunday's Amazon (AMZN) cargo plane crash on landing in Miami, news outlets reported Tuesday. The Boeing (BA) 767-300, operated by 21 Air, killed five and injured five others when it struck vehicles after overshooting the runway, the report said. Amazon shares were shedding 0.6%.Ford (F), Stellantis (STLA) and Hyundai Motor are planning extended-range electric vehicles that combine large batteries with gasoline-powered generators to address consumer concerns over EV range, The Wall Street Journal reported Sunday. Ford shares were down 4.3%, and Stellantis shed 2.9%.

$AMZN$F$NFLX$STLA$UNFI

US Markets8d ago

Boeing Trails Airbus in August Deliveries, Orders

Boeing's (BA) commercial aircraft deliveries fell in August, while the US planemaker trailed European rival Airbus in overall shipments and orders for the month.Boeing delivered 51 commercial jets last month, including 41 737 Max aircraft. The August tally was lower than overall deliveries of 53 the month prior and 57 a year earlier. Airbus delivered 57 aircraft last month to 31 customers, data on the companies' respective websites showed Tuesday.Boeing booked orders for 15 jets in August, down from 38 the previous month and 26 a year earlier. Airbus book 67 gross orders last month.In the year through August, Boeing has delivered 418 aircraft versus Airbus' tally of 475, according to the companies' data.Boeing's unfilled orders at the end of August reached 6,755.On Sunday, an Amazon (AMZN) Prime Air cargo plane overran a runway at Miami International Airport, killing at least five people and injuring a few others, news outlets reported. The Amazon Air Flight 7598 was a Boeing 767-300 freighter operated by 21 Air that had reportedly arrived from San Juan, Puerto Rico.Amazon will cooperate with the National Transportation Safety Board and any other investigating authorities while also continuing to coordinate with flight operator 21 Air, Amazon spokesperson Kelly Nantel said in a statement e-mailed toTuesday. Boeing didn't respond to requests on the matter.In late July, Boeing reported a second-quarter loss that exceeded Wall Street's estimates amid a drag from its Air Force One program, while the aircraft manufacturer's free cash flow turned positive.Last month, the company received the US Federal Aviation Administration's clearance for its 737 Max 7, paving the way for the model's launch after nearly a decade of regulatory review.Price: $211.65, Change: $-0.60, Percent Change: -0.29%

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Wire8d ago

Market Chatter: Amazon Sued Over Alleged Discrimination Against Pregnant Employees

Amazon.com (AMZN) was sued Tuesday in a proposed nationwide class action accusing the retailer of systematically discriminating against pregnant employees, Reuters reported, citing a complaint filed by four former warehouse workers.The complaint alleges Amazon denied pregnant workers accommodations and threatened or fired employees who missed too much work, the report said.Amazon spokesperson Kelly Nantel, in an emailed statement to, said the company provides pregnancy-related accommodations to tens of thousands of employees annually and approved more than 99.9% of requests in the last year."The accounts shared by A Better Balance contain inaccuracies and omit important details," Nantel said.(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: $257.38, Change: $-1.13, Percent Change: -0.44%

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Sectors8d ago

Sector Update: Tech Stocks Gain Tuesday Afternoon

Tech stocks were higher Tuesday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) up 0.5% and the State Street SPDR S&P Semiconductor ETF (XSD) adding 1.4%.The Philadelphia Semiconductor index climbed up 1.7%.In corporate news, Intel (INTC) is expected to raise personal computer central processing unit prices by another 10% in early October, Digitimes reported, citing supply chain sources. Intel shares jumped past 10%.Palantir (PLTR) and Nebius (NBIS) agreed on a strategic partnership that will give Palantir commercial customers access to Nebius' AI-native compute infrastructure and cloud platform, the companies said Tuesday. Nebius shares surged 11%, and Palantir was down 1.3%.Qualcomm (QCOM) issued a warrant to an Amazon.com (AMZN) affiliate last week to acquire up to 25 million shares at $161.26 each, the chipmaker said. Qualcomm is also collaborating with Amazon to produce customized silicon for AI data centers and optical connectivity products. Qualcomm shares rose 3.3%, and Amazon was shedding 0.6%.GE Aerospace (GE) agreed to acquire Consolidated Precision Products from Warburg Pincus and Berkshire Partners for $11.75 billion. GE Aerospace shares were up 0.3%.

$AMZN$GE$INTC$NBIS$PLTR$QCOM

Sectors8d ago

Sector Update: Consumer Stocks Decline in Afternoon Trading

Consumer stocks were lower Tuesday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) down 0.7% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) decreasing 0.5%.In sector news, Canadian tariffs announced after trade talks with the US collapsed last month took effect on Tuesday and range from 15% to 50%, impacting hundreds of US products, including dairy, agricultural equipment, paper, household appliances and electronics.In corporate news, United Natural Foods (UNFI) swung to stronger-than-expected Q4 earnings and announced a share buyback program on Tuesday, while its full-year outlook fell short of Wall Street's expectations. Its shares rose 4%.Investigators said they have yet to determine the cause of Sunday's Amazon (AMZN) cargo plane crash on landing in Miami, news outlets reported Tuesday. The Boeing (BA) 767-300, operated by 21 Air, killed five and injured five others when it struck vehicles after overshooting the runway, the report said. Amazon shares were shedding 0.5%.Ford (F), Stellantis (STLA) and Hyundai Motor are planning extended-range electric vehicles that combine large batteries with gasoline-powered generators to address consumer concerns over EV range, The Wall Street Journal reported Sunday. Ford shares were down 2.9%, and Stellantis shed 2.6%.

$AMZN$F$STLA$UNFI

Wire8d ago

AT&T Business Expands Connectivity Architecture With Amazon Leo Satellite

AT&T Business said Tuesday it is expanding its enterprise and public sector connectivity architecture with Amazon (AMZN) Leo's low Earth orbit satellite services.The firm said it is the first US telecom provider to offer Amazon Leo broadband satellite services, extending its fiber and 5G architecture with a new layer of connectivity.Details on service availability, pricing and configurations will be announced in the coming months, it said.Price: $257.76, Change: $-0.75, Percent Change: -0.29%

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US Markets8d ago

Qualcomm to Supply Customized AI Chips to Amazon Web Services' Data Centers

Qualcomm (QCOM) will provide custom-built chips and high-speed optical connectivity for the artificial intelligence data centers of Amazon's (AMZN) cloud computing division as part of a collaboration, the companies said Tuesday.In connection with the partnership, the semiconductor giant issued a warrant to Amazon to acquire up to 25 million Qualcomm common shares at an exercise price of $161.26 per share, according to a regulatory filing.Qualcomm shares were up 3.7% in Tuesday afternoon trade, while Amazon edged down 0.4%."As AI demand accelerates, data center infrastructure will require advances in both computing and connectivity to deliver greater performance with more efficiency," Qualcomm Chief Executive Cristiano Amon said in a statement. "Qualcomm is pleased to work with (Amazon Web Services) on customized silicon and connectivity solutions."The warrant allows for cashless exercise and is scheduled to expire Sept. 3, 2036, Qualcomm said in the filing. The warrant shares vest in tranches related to the execution of certain commercial arrangements and purchases of QTI's server chip products, technology, systems and manufacturing services by Amazon, up to a maximum amount of $60 billion in payments, according to the filing.In June, Qualcomm -- which has historically been known for designing and producing mobile phone chips -- said that it was accelerating its diversification roadmap to include AI data centers. The company said at the time it was aiming for more than $15 billion in data center revenue by fiscal 2029."By working together on customized silicon and advanced connectivity, we're delivering more performant, efficient, and cost-effective infrastructure for our customers," Prasad Kalyanaraman, vice president AWS, said Tuesday.Amazon and other hyperscalers are spending huge sums to expand their AI infrastructure footprints globally amid growing demand for AI and cloud services. In July, Amazon raised its full-year capital expenditures outlook to roughly $220 billion from $200 billion, driven by higher memory costs.Last month, chip designer Marvell Technology (MRVL) entered into a deal that would allow Alphabet's (GOOG, GOOGL) Google to purchase up to $12.18 billion of Marvell shares as part of a collaboration. That deal also involved the issuance of a warrant.As part of what it described as a "multi-generational product collaboration" with the e-commerce giant, Qualcomm said Tuesday intends to "deepen" its use of AWS AI infrastructure in designing chips.In June, Qualcomm agreed to acquire software infrastructure firm Modular in a roughly $3.92 billion deal in a bid to bolster its ability to deliver a more optimized AI compute layer.Price: $175.23, Change: $+6.49, Percent Change: +3.85%

$AMZN$GOOG$GOOGL$MRVL$QCOM

Wire8d ago

Update: Market Chatter: Amazon Prime Air Cargo Plane Crashes at Miami Airport, Killing at Least 5

(Updates with Amazon's response in the fourth paragraph.)An Amazon (AMZN) Prime Air cargo flight overran a runway while landing at Miami International Airport, crashing and killing at least five people and injuring a few Sunday, Reuters reported Monday, citing local officials.The Boeing (BA) 767-300 freighter had departed from San Juan, Puerto Rico, the news agency reported, citing flight tracking service Flightradar24.Cargo airline 21 Air operated the aircraft for Amazon, a spokesperson for the e-commerce giant told Reuters.In a statement emailed to, Amazon.com spokesperson Kelly Nantel said Amazon expressed condolences to those affected by the Miami airport crash and will fully cooperate with the NTSB and other investigating authorities while coordinating with 21 Air, local officials and first responders to support the community.Boeing didn't immediately respond to' requests 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: $257.18, Change: $-1.33, Percent Change: -0.52%

$AMZN$BA

Wire8d ago

Automatic Data Processing Expands Partnership With Amazon Web Services

Automatic Data Processing (ADP) and Amazon.com's (AMZN) Amazon Web Services have expanded a partnership agreement to embed artificial intelligence features into ADP's payroll and human resources software, the companies said Tuesday.The companies said the collaboration centers on AWS modernizing ADP's cloud infrastructure and accelerating the secure deployment of AI tools. They also said the focus of the partnership includes expanding ADP Assist to automate routine human resources and payroll tasks, integrating generative AI into ADP Lyric HCM, and organizing ADP's workforce dataset on AWS.Financial terms were not disclosed.Price: $270.61, Change: $-7.01, Percent Change: -2.53%

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Treasury8d ago

Update: Amazon.com Mandates Banks for Debut Sterling Bond Sale

(Updates with Amazon's response in the third paragraph.)Amazon.com (AMZN) has hired banks for its first sterling bond offering that could launch as soon as Wednesday, Bloomberg News reported Tuesday, citing a person familiar with the matter.The e-commerce giant intends to offer tranches ranging from three years to 19 years, the unnamed source told the news outlet, adding that JPMorgan Chase (JPM), Barclays (BCS), HSBC (HSBC), and Natwest Group (NWG) are managing the deal."We regularly evaluate our operating plan and make financing decisions, like issuing bonds, accordingly," an Amazon spokesperson toldin an e-mail statement. "The proceeds from this issuance will be used for general corporate purposes, which may include, but are not limited to, supporting business investments, funding future capital expenditures, and repaying upcoming debt maturities."

$AMZN$BCS$HSBC$JPM$NWG

Treasury8d ago

Market Chatter: Amazon.com Mandates Banks for Debut Sterling Bond Sale

Amazon.com (AMZN) has hired banks for its first sterling bond offering that could launch as soon as Wednesday, Bloomberg News reported Tuesday, citing a person familiar with the matter.The e-commerce giant intends to offer tranches ranging from three years to 19 years, the unnamed source told the news outlet, adding that JPMorgan Chase (JPM), Barclays (BCS), HSBC (HSBC), and Natwest Group (NWG) are managing the deal.Amazon.com didn't 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.)

$AMZN$BCS$HSBC$JPM$NWG

Wire13d ago

Anthropic Still a Designated Supply Chain Risk, Defense Under Secretary Says

Amazon-backed (AMZN) Anthropic remains a designated supply chain risk at the Defense Department, said Emil Michael, under secretary of defense for research and engineering, Thursday on X.Michael's post followed comments made by US Commerce Secretary Howard Lutnick in a Bloomberg Television interview that Anthropic had resolved its issues with the Trump administration.Price: $258.44, Change: $+3.46, Percent Change: +1.36%

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US Markets13d ago

Nvidia Agrees to Buy Hugging Face in $12.93 Billion Deal

Nvidia (NVDA) has agreed to acquire artificial intelligence platform Hugging Face in a deal worth up to $12.93 billion as the technology bellwether pledged to foster open-source models in the AI ecosystem.Nvidia will pay roughly $11.9 billion to Hugging Face's shareholders as part of the deal, which includes an equity-based retention program of up to $1 billion for employees joining the chip giant, it said in an 8-K filing. Hugging Face operates a platform for developing and deploying open-source models, datasets and applications, according to Nvidia.Nvidia's shares rose 1.1% in Thursday trade, taking its year-to-date gain to 22%."Together, we will scale Hugging Face's platform, strengthen its infrastructure and expand access to AI for developers and institutions worldwide," Nvidia Chief Executive Jensen Huang said in a blog post.Nvidia intends to keep Hugging Face an open platform, with no requirement that Nvidia's compute be used to build or deploy through Hugging Face, Huang said."As the opportunity for open models accelerates, Hugging Face can serve the global AI community at unprecedented scale," according to Huang. "Nvidia's infrastructure, engineering and global reach can help improve platform reliability, safety, model evaluation, inference and deployment capabilities, while preserving the open ecosystem that made Hugging Face foundational."The transaction, which requires regulatory approval, is expected to complete in the first half of next year, Nvidia said in the filing.Nvidia cautioned that government restrictions on the use of open-source models that originated in China could limit the expected benefits of the acquisition."Any regulatory control or other restriction that limits our ability to provide products and services that support models derived from any region, including China, could have a material impact on Hugging Face's platform, as well as a material impact on our business, operating results, and financial condition," the company said in the regulatory filing.The deal comes as major technology companies step up acquisitions to bolster their capabilities. Alphabet's (GOOG, GOOGL) Google agreed in March 2025 to acquire cloud security platform Wiz for $32 billion and completed the transaction in March this year.Meta Platforms (META) announced a deal to acquire AI startup Manus in December 2025. However, Chinese regulators ordered the transaction to be unwound, Reuters reported in August.Earlier this week, Nvidia expanded its partnership with chip designer MediaTek, including a $3.5 billion investment, to support adoption of the company's proprietary interconnect technology for custom rack-scale AI chips.Last month, the tech bellwether reported fiscal second-quarter results that more than doubled from a year ago and topped Wall Street expectations. In the same month, Nvidia announced an expanded partnership to supply 2 million additional graphics processing units for Amazon.com's (AMZN) Amazon Web Services.Price: $227.62, Change: $+3.21, Percent Change: +1.43%

$AMZN$GOOG$GOOGL$META$NVDA

Wire13d ago

Market Chatter: Anthropic, OpenAI Take Different Positions on Massachusetts AI Safety Bill

Amazon-backed (AMZN) Anthropic is supporting AI-safety language in a Massachusetts Senate bill that would require major artificial intelligence developers to undergo independent evaluations of catastrophic risks from their models, putting the company at odds with Microsoft-backed (MSFT) OpenAI and Alphabet's Google (GOOG, GOOGL), The Information reported Thursday.The proposal, included in a broader economic development bill, would require independent assessments of AI models every four months. A conference committee is working to reconcile the Massachusetts House and Senate versions before determining whether the provision remains in the final legislation, the report said.OpenAI has opposed the Massachusetts provision, urging lawmakers to consider requirements more closely aligned with the Illinois law and warning that differing state rules could create fragmented oversight, according to the report.Google has also raised concerns about additional state testing requirements, citing uncertainty over how model evaluations would be conducted, the report said, citing a person familiar with the company's position.Anthropic, OpenAI and Google 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: $257.53, Change: $+2.55, Percent Change: +1.00%

$AMZN$GOOG$GOOGL$MSFT

US Markets13d ago

Snowflake Raises Full-Year Product Revenue Outlook Following Fiscal Second-Quarter Beat

Snowflake (SNOW) shares jumped early Thursday as the cloud-based data platform lifted its full-year product revenue outlook and reported fiscal second-quarter results above Wall Street's expectations.Product revenue, which accounts for most of the firm's total revenue, is now expected to reach $6.07 billion for fiscal 2027, representing annual growth of 36%, Snowflake said late Wednesday. The company previously projected the key metric at $5.84 billion, while the current FactSet consensus is $5.99 billion."Given the strength we've observed, both in our core data platform business and (artificial intelligence) business, we're raising our product revenue guidance for the year," Chief Financial Officer Brian Robins said during an earnings call, according to a FactSet transcript.The company expects to maintain strong growth while continuing to expand its margins over the long term, Chief Executive Sridhar Ramaswamy said during the call.Snowflake's stock spiked 25% in the most recent premarket activity.In an emailed client note, Truist Securities said AI is driving direct monetization and incremental platform consumption for Snowflake, with AI products accounting for about 50% of the recent growth acceleration. The brokerage expects the company to see "sustained growth acceleration" as AI expands its "relevance" and generates new workload adoption.Snowflake's adjusted earnings came in at $0.62 a share for the three-month period ended July, up from $0.35 the year before, ahead of the Street's view for $0.45. Revenue advanced 35% to $1.55 billion, topping the average analyst estimate of $1.48 billion.Product revenue increased 37% to $1.49 billion, exceeding the market's forecast of $1.42 billion. "(The second quarter) marks our third consecutive quarter of product revenue growth acceleration, driven by strength in both our core data platform and a meaningful step-up in AI revenue," Robins said in the earnings release.The net revenue retention rate was 126%, while remaining performance obligations, or RPO, grew 30% year over year to $9 billion, according to the company.For the third quarter, Snowflake projects product revenue between $1.588 billion and $1.593 billion, representing year-over-year growth of 37% to 38%. The Street is looking for $1.57 billion.The guidance implies "a strong case for sustained growth acceleration," Truist said.In July, Amazon.com (AMZN) reported better-than-expected second-quarter results buoyed by robust gains in its Amazon Web Services cloud-computing platform.Alphabet's (GOOG, GOOGL) second-quarter revenue topped market estimates, as the Google parent recorded an 82% surge in cloud revenue.

$AMZN$GOOG$GOOGL$SNOW

Sectors14d ago

Sector Update: Consumer Stocks Rise Late Afternoon

Consumer stocks were higher late Wednesday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) increasing 0.4% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) up 0.1%.In corporate news, Sirius XM (SIRI) shares gained 7.8% after Deutsche Bank upgraded the company's stock to buy from hold and raised its price target to $45 from $31.Amazon (AMZN) Teamsters launched a one-day unfair labor practice strike Wednesday at the company's largest US warehouse facility in Riverside, California, the union said in a release. Amazon shares were up 0.1%.Uber (UBER) is reducing its workforce by about 10% as part of restructuring efforts aimed at removing management layers and reducing "complexity" across the business. Uber shares rose 1.7%.G-III Apparel (GIII) shares fell 11% after it reported lower fiscal Q2 net sales and issued fiscal Q3 outlook below expectations.

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Wire14d ago

Update: Amazon Teamsters Launch One-Day Strike at California Warehouse

(Update with changes to the headline and first paragraph and Amazon's response to a request for comment in the last paragraph.)Amazon (AMZN) Teamsters launched a one-day unfair labor practice strike Wednesday at the company's warehouse facility in Riverside, California, the union said in a release.The Teamsters claimed the warehouse is Amazon's largest in the US, but the company disputed that claim, saying it is not the company's largest."Members of Teamsters Local 1932 were forced into a work stoppage to protest Amazon's illegal conduct and retaliation against workers advocating for safer working conditions," the Teamsters said."This demonstration by the Teamsters is another example of their continuing illegal efforts to intimidate workers, block entry and exit to our facilities, and interfere with our operations," Amazon Spokesperson Sam Stephenson said in a statement. "Our employees have the choice of whether or not to join a union. They always have."Price: $254.48, Change: $-0.44, Percent Change: -0.17%

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Wire14d ago

Amazon Teamsters Launch One-Day Strike at Largest US Warehouse

Amazon (AMZN) Teamsters launched a one-day unfair labor practice strike Wednesday at the company's largest US warehouse facility in Riverside, California, the union said in a release."Members of Teamsters Local 1932 were forced into a work stoppage to protest Amazon's illegal conduct and retaliation against workers advocating for safer working conditions," the Teamsters said.Amazon didn't immediately reply to a request for comment from.Price: $255.68, Change: $+0.76, Percent Change: +0.30%

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Sectors15d ago

Sector Update: Tech Stocks Fall Late Afternoon

Tech stocks were lower late Tuesday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) falling 1.5% and the State Street SPDR S&P Semiconductor ETF (XSD) dropping 2.2%.The Philadelphia Semiconductor index shed 2.2%.In corporate news, GoPro (GPRO) shares surged 42% after the company and optical-photonics company Starman Optical said Tuesday they have signed a definitive merger agreement. Under the terms of the deal, GoPro shareholders will receive $1.14 per share, for a total of $285 million in cash and will retain a stake in the combined company of about 10%.Amazon-backed (AMZN) Anthropic has agreed to a $35 billion computing deal with Nvidia-backed (NVDA) cloud provider Lambda, Bloomberg reported. The project involves a Texas data center being developed by Hut 8 (HUT), with Nvidia holding the lease, the report said. Amazon shares were down 2.2%, and Nvidia was shedding 1.7%.Apple (AAPL) is continuing to reshape its leadership ranks as John Ternus begins his tenure as chief executive officer, with longtime executive Luca Maestri stepping away from his corporate services responsibilities, Bloomberg reported. Maestri's duties, including information technology, information security and corporate real estate, have been assumed by Chief Financial Officer Kevan Parekh, according to Apple's updated management biographies, the report said. Apple shares were up 2.7%.Duolingo (DUOL) shares jumped 7% after Evercore ISI upgraded the stock to outperform from in-line and raised its price target to $210 from $105.

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