Amazon has introduced its Autos platform, allowing customers to shop for new cars with detailed filters like price, features, and payment options. The platform covers over 100 cities, including major metros like New York and Los Angeles, and features brands such as Hyundai, Kia, Mazda, Subaru, Chevrolet, and Jeep. While dealers may miss traditional showroom interactions, Amazon Autos provides qualified leads and estimated payments, making it a competitive and convenient car-buying channel. This move positions Amazon as a growing player in car sales and advertising, signaling a shift in how consumers buy vehicles online.
In Q2 2026, top contributors to growth included Taiwan Semiconductor Manufacturing, Alphabet, United Rentals, Apple, and Visa. Alphabet’s Google Search and Cloud segments showed robust revenue growth of 19% and 63%, respectively, boosting operating i...
Jim Cramer cautioned that the recent rally in Big Tech stocks like Alphabet, Microsoft, Meta, and Amazon might be more about investor optimism than real improvements in their business fundamentals. Despite positive news such as Warren Buffett's endor...
Dave Brown, a senior vice president at Amazon Web Services (AWS) and a key figure since its early days, is leaving the company at the end of this month for a new role outside Amazon. Brown helped launch AWS's core EC2 service and later led its comput...
The rapid growth of hyperscale data centers, driven by AI demand, is causing U.S. electricity consumption to surge after a decade of stagnation. Experts predict data centers will use 11-16% of total electricity by 2030, with investments in these faci...
The global hybrid robots market is projected to grow from $5.68 billion in 2026 to $10.03 billion by 2030, with a CAGR of 15.3%. Growth is fueled by advances in AI, autonomous operations, and smart manufacturing, alongside rising demand for robots in...
