Amazon.com, Inc. has reached a $3 trillion market valuation, driven by strong confidence in its AI strategy and a $500 billion backlog as of Q2. Its AWS division's AI and chip businesses generate an annualized $50 billion, showing effective AI monetization. Although free cash flow margins are expected to remain negative through 2027–2028 due to over $220 billion in capital expenditures planned for 2026, the substantial backlog supports optimism for future revenue. The stock's rapid recovery reflects shifting investor sentiment, but experts advise waiting for a better entry point before buying.
An Amazon cargo plane operated by 21 Air overran the runway at Miami International Airport on Sept. 6, 2026, crashing into vehicles and killing at least five people while injuring five others. The Boeing 767-300, arriving from San Juan, Puerto Rico, ...
The satellite industry is shifting focus from rockets to controlling radio spectrum for direct-to-handset connectivity. The FCC's new Supplemental Coverage from Space authorization enables satellites to beam service directly to ordinary smartphones. ...
OpenAI has hired Jessica Schumer, daughter of Senate Minority Leader Chuck Schumer, to manage government relations and partnerships in Northeastern states. Jessica Schumer brings extensive experience from Amazon and the Obama administration, strength...
In June 2026, Amazon Prime Day and Walmart Deals overlapped for the first time, attracting 64% of U.S. consumers to shop at least one event, up from 33% in 2025. This overlap brought millions of new shoppers, especially baby boomers and seniors, who ...
The August jobs report showed stronger-than-expected job growth with 162,000 jobs added and unemployment steady at 4.1%, easing concerns about labor market weakness. This shifts the Federal Open Market Committee's (FOMC) attention fully to inflation ...
