Amazon has reached a new agreement with the US Postal Service, providing a lifeline to the beleaguered government agency and securing delivery for customers in rural America https://t.co/0Rwb0NqEob ...

People would rather have an Amazon warehouse in their backyard than a data center https://t.co/zAfvgWWFUt ...

Amazon hits sellers with ‘fuel surcharge’ as Iran war roils global energy markets https://t.co/IRChOkv9RD ...

Amazon is imposing a 3.5% fuel surcharge on independent merchants that sell on its platform later this month, a move that could translate to higher prices for consumers. https://t.co/8mQOTJltKo ...

All right, welcome back. Some news in the deal making space today. Amazon reportedly in talks to buy Global Star and this would be a big boost to its LEO business that it was hoping will rival Starlink.Amazon declining to comment on this particular report here, but it could be a big deal. Joining us now to break down what it could all mean for us is CNBC correspondent Mackenzie Sagalos. Mac.Uh, this could be a kind of boost, right, in this race that Amazon is trying to put up there in terms of a constellati ...

Amazon will start charging sellers who use its shipping services a 3.5% “fuel and logistics” surcharge later this month, joining the ranks of shipping companies raising prices as the war in Iran pushes oil prices higher. https://t.co/Mg4jNtYAr6 ...

🚨 BIG: Amazon is in talks to acquire satellite firm Globalstar for $9 billion in a bid to rival Elon Musk's Starlink. https://t.co/TKN9zk5QE6 ...

Amazon has almost single-handedly spurred the best-ever opening quarter for corporate debt sales in Europe https://t.co/vN6pPPvFbr ...

Market Opportunity - Light-duty vehicles in the U.S. travel over 3 trillion miles annually, with ride-sharing services charging $1 to $2 per mile, indicating a potential trillion-dollar market for robotaxis in the U.S. alone [1] Nvidia - Ken Griffin's hedge fund has significant holdings in Nvidia, which is the industry standard for AI workload acceleration through its GPUs, essential for developing robotaxis [2][4] - Nvidia's software ecosystem, including code libraries and pretrained models, facilitates the development of autonomous driving systems [5] - The integration of Nvidia's tools, such as Omniverse for simulation and Cosmos for generating synthetic data, enhances the training of AI models for autonomous vehicles [6][8] - Nvidia's CFO stated that robotaxis could generate hundreds of billions in revenue over the next decade, with every major OEM utilizing Nvidia technology [8][9] - Wall Street estimates Nvidia's earnings will grow at 38% annually over the next three years, making its current valuation of 35 times earnings appear attractive [9] Amazon - Amazon's second-largest holding is Zoox, which operates purpose-built robotaxis without traditional driving controls, currently providing rides in Las Vegas and San Francisco [10][11] - Zoox is testing robotaxis in Austin and plans to expand its service area, having applied for a commercial ride-sharing service with up to 2,500 vehicles [12] - Morgan Stanley projects Zoox will account for 12% of autonomous rides annually by 2032, positioning it behind major competitors like Waymo, Tesla, and Uber [13] - Amazon's core businesses, including e-commerce and cloud computing, are expected to see earnings growth of 19% annually over the next three years, with a current valuation of 29 times earnings being attractive [14]

Core Viewpoint - Both Costco and Amazon have shown growth potential for investors, with each company having distinct business models and strengths in the retail sector [1]. Costco - Costco operates primarily through its warehouse model, offering essential items at low prices by purchasing in bulk, which leads to low margins but significant profit from membership fees [3][4]. - The current trading valuation of Costco shares is at 48 times forward earnings estimates, a decrease from over 55 times a year ago [6]. - Costco's market capitalization stands at $442 billion, with a current share price of $996.43 and a gross margin of 12.93% [7]. Amazon - Amazon, while also focusing on customer value, has a significant profit driver in its Amazon Web Services (AWS) segment, which has seen substantial revenue growth due to demand for AI products and services [9]. - The company's valuation has decreased to 25 times forward earnings estimates from over 35 times six months ago [10]. - Amazon's market capitalization is $2.2 trillion, with a current share price of $208.01 and a gross margin of 50.29% [11]. Investment Considerations - Both Costco and Amazon are considered strong long-term portfolio additions, currently trading at more reasonable valuations compared to previous months [11]. - Investment choices may depend on individual strategies: cautious investors might prefer Costco for its retail stability and dividends, while those seeking growth may lean towards Amazon for its AI market dominance [12][13].