Amazon AI chief Rohit Prasad is leaving at year's end, according to a memo from Amazon CEO Andy Jassy. ...

Speaking of AI today, a possible deal between OpenAI and Amazon might be valued north of10 billion. For that, we'll turn to Mackenzie Sagalas. Morning, Mac. >> Hey, good morning, Carl.This would be a big upgrade and the Amazon OpenAI relationship. We're talking about both a huge investment, plus a path for AWS to land OpenAI as a flagship customer, which is a real optics win for Amazon's Nvidia alternative. Now, as for what I'm hearing from a source close to the discussions, Amazon is looking at an equity s ...

Speaking of AI today, a possible deal between OpenAI and Amazon might be valued north of10 billion. For that, we'll turn to Mackenzie Sagalas. Morning, Mac. >> Hey, good morning, Carl.This would be a big upgrade and the Amazon OpenAI relationship. We're talking about both a huge investment, plus a path for AWS to land OpenAI as a flagship customer, which is a real optics win for Amazon's Nvidia alternative. Now, as for what I'm hearing from a source close to the discussions, Amazon is looking at an equity s ...

Core Viewpoint - Amazon.com, Inc. (AMZN) has experienced a significant decline in stock momentum following its Q3 earnings report, reversing gains made during the initial rally after the earnings announcement [1]. Group 1: Earnings Performance - The stock initially rallied after the Q3 earnings outperformance but has since returned to pre-earnings levels, indicating a loss of momentum [1].

Amazon.com, Inc.’s ( AMZN ) post-earnings momentum has largely fizzled in the past month. Despite the steep rally to accompany its Q3 outperformance , the stock has reversed all of the gains, trading back at pre-earningsAnalyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other ...

We recently published 10 Stocks Shining Bright Amid Wall Street’s Dull Spell. Affirm Holdings Inc. (NASDAQ:AFRM) is one of the top performers on Tuesday. Affirm Holdings snapped a three-day losing streak on Tuesday, jumping 11.77 percent to close at $73.39 apiece as investors cheered news that it successfully renewed its partnership with e-commerce giant Amazon Inc. According to the company, it was able to renew its contract with Amazon for another five years until January 2031, largely on terms in line ...

Key Takeaways Amazon is reportedly in talks with OpenAI about investing $10 billion or more in the ChatGPT maker. The deal is also expected to see OpenAI use Amazon AI chips.Earlier this year, OpenAI agreed to buy $38 billion in cloud computing capacity from Amazon Web Services over the next several years. Amazon (AMZN) could be set to unveil an investment of $10 billion or more in ChatGPT maker OpenAI. The companies are in talks for a deal that would see OpenAI buy some of Amazon's custom AI chips, an ...

Time now for Options Corner. Joining us to take a deeper look at the chart is Rick Dukat, lead a market technician. All right, so Amazon's been the underperformer within the Mag 7.What trends do you notice. >> Yes, exactly. I mean, they now has the dubious distinction of being the Mag 7's worst performer year to date.Uh Google, Tesla, and Vidia are the top three, by the way. But Amazon only up about 1% versus the S&P up almost 16% on the year and the Mag 7 group up about 19% or so. When we also look at uh A ...

Welcome to Morning Brief presented by Robin Hood, the home to commission free [music] trading. I'm Julie Hyman. Here's what we're watching today.First up, OpenAI is in talks to [music] raise $10 billion from Amazon. We'll have more on that report and what Amazon seeks to gain from that deal. Plus, as Micron prepares [music] to deliver its earnings after the bell, we'll break down the true cost of the artificial intelligence [music] buildout.And oil prices rebound after President Trump issues a complete bloc ...

Group 1: Amazon - Amazon shares increased by approximately $3.55 in premarket trading due to news of OpenAI's potential investment exceeding $10 billion, which may also involve the use of Amazon AI chips [1][6] - Amazon plans to invest $35 billion in India by 2030, with expectations to quadruple exports to $80 billion by that year [2] - Oppenheimer raised its price target for Amazon from $290 to $305, highlighting that Amazon Web Services (AWS) could double its capacity by 2027, serving as a key catalyst for the stock [3] Group 2: Oracle - Oracle shares rose by about $2.35 in premarket trading after showing strong support at $188.65, following concerns over AI data center spending [4][6] - Mizuho analysts identified Oracle as a top enterprise stock for 2026, noting that 2025 was a transformative year for the company as it evolved into a key AI infrastructure player [5] - Analysts see Oracle as a long-term beneficiary of AI due to its comprehensive technology stack, including applications, a leading database for critical workloads, and Oracle Cloud Infrastructure (OCI) for AI training and inference, with an outperform rating and a price target of $400 [7]