getty Amazon reported that its annual Prime Day promotion (July 8 to 11) generated record U.S. sales this year, a reasonable brag in the context of a skittish consumer economy. But the real story about Prime Day—now ten years old—is how it has reshaped the retail landscape and how major competitors like Walmart have learned how to take advantage of the trail Amazon blazed. Prime Day has evolved from a one-company juggernaut into an industry-wide phenomenon with competing promotions from more than a hundred ...

Photo by Smith Collection/Gado/Getty ImagesGetty Images Amazon.com (NASDAQ:AMZN) stock has increased by 4% this year, trailing the S&P 500’s 7% growth slightly. This modest underperformance primarily results from a mix of valuation apprehensions and the company's significant investment cycle.Having invested $53 billion into capital expenditures in 2023 and $83 billion in 2024, Amazon is now forecasting a substantial $100 billion expenditure this year, mainly aimed at enhancing its AI capabilities. While the ...

Core Insights - Kodiak Robotics has appointed Mohamed "Mo" Elshenawy to its board of directors, enhancing its technology and self-driving leadership as it prepares for a public listing through a merger with Ares Acquisition Corporation II [1][6] - Elshenawy brings over two decades of experience in AI, product, and engineering across various sectors, including autonomous mobility and e-commerce, which will be crucial for Kodiak's growth [1][3] - The company aims to scale its autonomous trucking platform and has previously announced the addition of other experienced board members, Ken Goldman and Kristin Sverchek, to strengthen its leadership [5] Company Overview - Kodiak Robotics, founded in 2018, specializes in AI-powered autonomous vehicle technology, focusing on addressing supply chain challenges through driverless solutions [7] - The Kodiak Driver, a virtual driver, combines advanced AI software with modular hardware, and is already operational without a human driver [7] - Kodiak aims to become a leader in autonomous ground transportation, serving both commercial and public sector clients [7] Leadership Experience - Elshenawy previously served as President and CTO at Cruise LLC, where he led the launch of the first commercial driverless rideshare service in San Francisco [2][3] - His experience includes technology leadership roles at Amazon, where he managed global engineering for the ReCommerce business and developed a retail big data analytics platform [3][4] - Elshenawy holds over 10 patents in AI, robotics, and autonomous vehicles, and is involved with the Software Advisory Board at Mercedes-Benz [4] Business Combination - Kodiak's merger with Ares Acquisition Corporation II is expected to close in the second half of 2025, pending stockholder approval and customary closing conditions [6] - Upon completion, the combined entity will be named Kodiak AI, Inc., with its stock expected to trade under the ticker symbols KDK and KDK WS [6]

Secretary Scott Besson says he's likely to hash out an extension of President Trump's upcoming trade deadline with China when he meets with his Chinese counterparts in Stockholm next week. Back in May, you'll remember the two countries agreed to a 90-day suspension of most of the tariffs on each other's goods while trade negotiations continued. That date though is set to expire on August 12th.Secretary Bessant joins us now. Mr. . Secretary, thanks for the time this morning.Uh so we got a couple of deadlines ...

Analyst's Disclosure:I/we have a beneficial long position in the shares of AMZN either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Let me say it clearly: Amazon's (NASDAQ: AMZN ) Q2 2025 earnings will likely post a beat. After all, its latest Prime Day was a success , with ...

Core Viewpoint - Amazon is positioned as a strong investment opportunity due to its solid business fundamentals and multiple growth avenues, making it a compelling buy-and-hold option for long-term investors [2][12]. Group 1: Growth Avenues - Amazon dominates the U.S. e-commerce market with a 37.6% market share, significantly ahead of the second player at 6.4% [4] - E-commerce sales account for only 16.2% of total retail sales in the U.S., indicating substantial growth potential in this sector [5] - Amazon Web Services (AWS) is a major profit driver, with 85% of IT spending still occurring on-premises, suggesting a large opportunity for cloud migration [6] - The company is heavily investing in artificial intelligence (AI), with CEO Andy Jassy highlighting its potential as a major technological revolution [7] - Amazon's operations are diversified, including advertising, healthcare initiatives like Amazon Pharmacy, and ventures in music and video streaming [9] Group 2: Challenges and Resilience - Amazon may face challenges from tariffs and economic policies that could impact e-commerce performance and consumer spending [10] - Competition in cloud computing and AI, particularly from Microsoft, poses a threat to Amazon's market share [10] - Despite past economic challenges leading to a rare net loss, Amazon has shown resilience and is expected to rebound, with AWS's switching costs helping maintain its leadership [11] - The company is projected to outperform the market over the next five years, driven by its growth opportunities [12]

Why Amazon and JPMorgan Are Launching Their Own Stablecoins？ https://t.co/KBOnS8Pwgg ...

Tech giant Amazon.com Inc NASDAQ: AMZN continues to make a strong case for being one of the market’s top momentum plays of the year to date. Shares closed just below $230 on Monday night after a 1.4% pop extended its multi-month rally to fresh highs. The stock has been up more than 40% since April and is within striking distance of reclaiming February’s all-time high. Get Amazon.com alerts:Much of this run was fueled by the broad return to risk-on sentiment seen in equities in recent months, but Amazon’s st ...

Jeff Bezos, founder and executive chairman of Amazon, takes the stage during The New York Times' annual DealBook Summit, at Jazz at Lincoln Center in New York City on Dec. 4, 2024.President Donald Trump met with Amazon founder Jeff Bezos at the White House last week, CNBC has learned.The meeting between Trump and Bezos, one of the world's richest men, lasted for more than an hour, according to two people familiar with the matter who asked not to be named because the conversation was private.Amazon declined ...

Group 1 - Amazon.com, Inc. has experienced modest share price performance due to aggressive investments in R&D and new projects, impacting profitability metrics [1] - The company continues to focus on long-term growth despite short-term profitability challenges, indicating a strategic commitment to innovation [1] - The analyst emphasizes a deep understanding of risk and reward, highlighting the importance of fundamental analysis in investment decisions [1] Group 2 - The article aims to provide accessible insights for investors of all experience levels, fostering a collaborative exploration of market opportunities [1] - The analyst's background in IT offers a unique perspective on technology stocks, enhancing the analysis of potential investment prospects [1]