AMZN - Amazon.com, Inc.
A regulatory cap limiting Zoox to 100 robotaxis in Nevada is set to expire this month, clearing the way for the Amazon-owned company to expand its commercial fleet of custom-built robotaxis in Las Vegas just as competition heats up.
Amazon's 1,000-hub plan aims to close Walmart's proximity advantage. Bank of America analysts say Amazon's same-day delivery service is "very important strategically.
Amazon needs more than faster warehouses to close Walmart's delivery advantage. It may need to build and manufacture its own version of a neighborhood store network.
BofA analysts say Amazon's reported plans to expand same-day fulfillment centers represent an effort to make basic goods “immediately accessible.”
Generac had previously disclosed a major deal with a hyperscaler; a regulatory filing on Wednesday made clear the customer is Amazon. Amazon received a warrant for up to 1.69 million shares of Generac stock.
Amazon.com Inc. (NASDAQ:AMZN) could dramatically expand its same-day delivery network as it takes aim at a key advantage held by Walmart Inc. (NASDAQ:WMT), according to Bank of America analyst Justin Post.
Generac Holdings Inc (NYSE:GNRC) signed a long-term agreement to supply backup generators for Amazon.com Inc (NASDAQ:AMZN) data centers, with initial deliveries expected to total about $2.4 billion in 2027 and 2028. The US power equipment maker's shares surged nearly 18% in Thursday morning trading.
Generac Holdings Inc. (NYSE:GNRC) jumped 19.1% to $208.48 by late Thursday morning, pulling back modestly from an opening spike of 27.8% that had the stock poised for its best session ever.
Generac Holdings (NYSE:GNRC | GNRC Price Prediction) stock is up 16% to $203.76 in Thursday morning trading after the backup-power maker announced a long-term agreement to supply generators for hyperscale data centers.
Generac (GNRC) is experiencing a significant surge of 16% after announcing a warrant issued to Amazon (AMZN) for the acquisition of up to 1,693,745 shares at an
Amazon Web Services, the cloud business, has reached a $169 billion annual revenue run rate. Customers are rushing to AWS for AI and non-AI products and services.
Shares of Generac are surging after the energy hardware maker announced a multi-billion dollar deal with Amazon.
Amazon weighed in on the artificial intelligence safety debate roiling Silicon Valley, saying AI labs should ensure models are released only when they are safe and fully tested, but stopped short of calling for an industry slowdown.
GNRC lands a long-term Amazon generator deal with $2.4B of initial 2027-2028 deliveries, expanding its data center power business.
Walmart is facing pressure from struggling lower-income shoppers while gas prices climb, yet the family that owns nearly half the company has never been wealthier. Here is how the Waltons are faring as the retailer they inherited navigates turbulent ground.
Snap (NYSE: SNAP) is catching a bid Thursday morning after the company used a Los Angeles event to layer workplace software into its Specs augmented reality (AR) glasses. Snap stock is up 3% to $5.90, extending a modest bounce off recent lows for a name that has struggled to hold rallies in 2026. The move sits
Amazon.com Inc. (NASDAQ:AMZN) shares are rising Thursday. The company struck a multibillion-dollar generator supply deal with Generac, while broader markets digest the Federal Reserve's first rate hike since 2023.
SEATTLE--(BUSINESS WIRE)--Amazon and No Kid Hungry today announced results from its Summer Meals for Kids pilot program which delivered more than 2 million meals to families in rural communities across the U.S. this summer. Operating under the USDA's Summer Food Service Program, the program combines No Kid Hungry's expertise in childhood hunger and summer nutrition with Amazon's rural delivery network to reach families who face barriers to accessing traditional summer meal sites that provide fr.
Amazon's stock chart tells one story while the business underneath tells a completely different one, and the gap between those two narratives is exactly where the opportunity lives.
Stocks react to a hawkish Fed, Salesforce remains upbeat on growth outlook, and more