Amazon-owned Zoox has received federal approval to deploy the first steering-wheel-free robotaxis commercially in the U.S., pending state and local permissions. This milestone in autonomous vehicle technology introduces new legal challenges, especially regarding accident investigations that now must consider digital evidence like software logs and sensor data. Personal injury attorney Billy Cooper emphasizes that passengers' legal rights remain intact despite the lack of a driver, and companies must still be held accountable for safety. As driverless robotaxis expand, consumers should understand their rights and the importance of preserving evidence if accidents occur.
Greg Abel, Warren Buffett's successor as CEO of Berkshire Hathaway, began his leadership by significantly reducing the company's investment in Chevron. At the same time, he introduced a virtual monopoly company into Berkshire's top five holdings, sig...
Amazon's stock surged 15.32% in one day following its strong late July earnings report, reversing two months of losses. Analysts from Citi and Roth MKM raised their 12-month price targets to $350 and $325 respectively, citing expanding AWS margins an...
Last week, hyperscaler companies, except Meta, outperformed the S&P 500 and semiconductor index SMH, driven by strong earnings and AI investment optimism. Amazon and Microsoft saw significant investor gains, with Amazon's clear AI capital expenditure...
As employers increasingly drop insurance coverage for GLP-1 weight-loss drugs like Wegovy and Zepbound, major retailers such as Walmart, Costco, CVS, and Amazon are expanding direct-to-consumer prescription programs to capture market share. These pro...
Amazon's market value reached about $2.92 trillion after strong Q2 2026 results, with ChatGPT forecasting a $5 trillion valuation by mid-2028 based on continued growth in AWS, advertising, and AI. AWS revenue grew 37% annually, and Amazon's AI and cu...
