Amazon.com is a multinational technology and e-commerce company that revolutionizes the way consumers shop online
It offers a vast selection of products and services, ranging from books and electronics to household goods and digital content, through its user-friendly platform. In addition to its retail operations, Amazon provides cloud computing services via Amazon Web Services, enabling businesses to leverage powerful computing resources. The company is also known for its innovations in logistics, such as advanced delivery systems and the use of artificial intelligence. With a strong emphasis on customer experience and technological advancement, Amazon continues to expand its presence in various sectors, including entertainment, smart home technology, and grocery services.
With Amazon's exclusivity period now over, Rivian said it has been trialing the commercial van with several large fleets and refining its fleet management process.
After Microsoft, Meta, Google and Amazon have reported an increase in AI-related spending, Astera Labs investors are looking for reassurance that AI-driven chip demand will remain strong in the coming year.
Marvell Technology Inc (MRVL) surged 340% in 5 years due to high demand for its data infrastructure semiconductor solutions in AI, automotive, consumer & other markets.
Taiwan Semiconductor Manufacturing Co (NYSETSM) stock surged 256% in last 5 years as a leading chipmaker for top companies like Apple, Tesla, and Nvidia, with plans for domestic expansion and full-capacity production in US and Germany.
Rivian Automotive Inc (NASDAQRIVN) has begun nationwide sales of its Rivian Commercial Van. Designed for safety and sustainability, the electric van features automatic emergency braking and 360-degree visibility.
JPMorgan believes Amazon's AWS growth is expected to slow but eventually accelerate. AI investments and logistics efficiency will lead to long-term success, making Amazon a multi-year winner.
Federal appeals court skeptical of Alphabet's efforts to overturn jury verdict in favor of Fortnite-maker Epic Games. Elon Musk's lawsuit against OpenAI to advance to trial, regarding their transition to a for-profit model. Earnings results from Spotify, Take-Two, and Palantir beat estimates. Apple faces criticism for limited watch faces and rumored product releases in March.
