Billionaire investor Daniel Sundheim is snapping up hundreds of millions of dollars of shares of Amazon (AMZN), Spotify (SPOT) and Autodesk (ADSK). …
Amazon
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A US federal judge has granted Amazon’s request for a preliminary injunction against Perplexity, finding the company likely violated federal and California …
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Regulation
Amazon, Shopify, Etsy rally after Court voids Trump tariffs, Trump vows new 10% levy
by shayaanby shayaanShares of major online retailers rose Friday after the US Supreme Court struck down President Donald Trump’s blanket tariffs, ruling that the …
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Web3
Ecominsights Launches Amazon Intelligence Platform To Provide Insightful Market Analytics
by shayaanby shayaanEcominsights logo Ecominsights has launched a SaaS platform at ecominsights.io offering Amazon market intelligence for brands, sellers, investors, and agencies. The platform …
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Analysis
Billionaire Warren Buffett Dumps $4,570,000,000 Stake in Bank of America and Amazon, Buys New Assets Ahead of Departure
by shayaanby shayaanWarren Buffett sold billions of dollars of exposure to Bank of America (BAC) and Amazon (AMZN) in his final quarter as Berkshire Hathaway’s …
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Finance
Amazon faces historic stock decline, losing $450B amid AI spending concerns
by shayaanby shayaanAmazon, the e-commerce and cloud computing giant, has shed roughly $450 billion in market value since early February during a losing streak …
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IREN (IREN) earnings showed weaker than expected headline results, with the company missing consensus on both revenue and earnings per share (EPS) …
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Amazon said Thursday it plans to spend $200 billion on capital expenditures in 2026, with a focus on artificial intelligence infrastructure, triggering …
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Amazon has announced an additional $4 billion investment in Anthropic, the AI startup known for its Claude chatbot and advanced AI models. …
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Mining
FERC blocks Amazon AI power deal, energy struggle with Bitcoin miners persists
by shayaanby shayaanThe Federal Energy Regulatory Commission (FERC) stopped an Amazon AI data center from drawing more power from Talen Energy’s Susquehanna plant in …