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Amazon's stock, which joined the Dow Jones Industrial Average in February, is up about 20% for the year. Hamza Shaban is a reporter for Yahoo Finance covering markets and the economy. Follow Hamza ...
Amazon invested a further $2.75 billion in growing AI power Anthropic on Wednesday, following through on the option it left open last September. The $1.25 billion it invested at the time must be ...
Amazon has agreed to invest up to $4 billion in the AI startup Anthropic, the two firms said, as the e-commerce group steps up its rivalry against Microsoft, Meta, Google and Nvidia in the fast ...
The performance of Amazon Web Services will be key to the tech giant's growth in 2024. ... Yahoo Finance spoke to a number of key executives about AWS’s future, where generative AI appears to ...
The business — which Amazon CEO Andy Jassy hired Selipsky to run in 2021 — saw operating profits nearly double to $9.4 billion. The division represented about 62% of Amazon's Q1 operating profits.
Amazon has closed its $8.5 billion acquisition of MGM, the company announced on Thursday. The completion of the transaction will see more than 4,000 films and 17,000 TV shows become a part of ...
Finance. Yahoo! Yahoo! Finance is a media property that is part of the Yahoo! network. It provides financial news, data and commentary including stock quotes, press releases, financial reports, and original content. It also offers some online tools for personal finance management. In addition to posting paid partner content from other web sites ...
Some Amazon employees will be forced to relocate to fulfill a company policy requiring three days per week of in-office work, according to sources speaking with Bloomberg. Those affected will ...