Amazon has discontinued its Rufus chatbot and introduced Alexa for Shopping, a new AI-powered assistant that combines Rufus's features with Alexa+. This tool personalizes shopping experiences using user data and is accessible via Amazon's website, app, and Echo Show devices. It transforms the search bar into an interactive Q&A engine, allowing users to compare products and schedule purchases based on price alerts without needing a Prime membership. This move strengthens Amazon's position in the competitive AI shopping market by leveraging extensive product data and customer reviews.
On June 5, during Nasdaq's worst single-day drop in over a year, retail investors mostly bought the dip in well-known AI and hardware stocks like Tesla, Nvidia, and CoreWeave. However, six major tech stocks including Amazon, Microsoft, and Alphabet s...
OpenAI has confidentially filed for an initial public offering (IPO), targeting a valuation of up to $1 trillion, potentially debuting as early as September. This move follows rival Anthropic's IPO plans and marks a significant moment for AI companie...
The Nasdaq surged over 19% from its March 2026 lows as big tech stocks emerged as a new safe haven during geopolitical stress, outperforming traditional defensive assets like the U.S. dollar, Treasuries, gold, and the Japanese yen. This shift was dri...
A $10,000 investment in Amazon shares in 2006 would be worth over $1.4 million today, highlighting the company's massive growth. Despite this success, Amazon faces an FTC antitrust lawsuit accusing it of monopolistic practices like penalizing third-p...
Intel's stock jumped after reports that Google and Nvidia are considering Intel as a backup manufacturer for advanced AI chips, with Google reportedly ordering over 3 million Tensor Processing Units for 2028. Nvidia is also testing Intel's technology...
