Right now, members can unlock dozens of spring-ready travel deals starting at just $8, with exclusive discounts on everything from luggage upgrades to polished matching sets that make for the perfect airport outfits. I combed through the retailer's top travel deals to find the pieces actually worth packing, including Travel + Leisure-tested carry-ons, practical travel tech, and effortless fashion staples that make getting dressed for a flight far less stressful.
Blue Jay, a multi-armed robot designed to sort and move packages, was unveiled in October for use in the company's same-day delivery facilities. At the time, the company was testing the robots at a facility in South Carolina and said it took Amazon significantly less time to develop Blue Jay - only about a year- than it did to develop its other warehouse robots, a speed the company credited to advancements in AI.
The Damage Report Amazon closed at $199.60 on February 12th, down 13.5% year-to-date and 17.7% over the past month. The stock peaked at $258.60 within the last 52 weeks, meaning it has fallen roughly 23% from that high. The decline accelerated sharply in early February, with the stock's RSI dropping to 23.46, deep into oversold territory and the lowest reading since the 2022 bear market.
Amazon is launching a feature that will add a new artificial intelligence layer to its writing tablets. "Send to Alexa+" is rolling out to the current generation of Kindle Scribe and Kindle Scribe Colorsoft devices. This concept was announced when Amazon first debuted the Kindle Scribe Colorsoft last fall, but the company said that the feature wouldn't be available until this year. As the name implies, "Send to Alexa+" lets users share their notebooks and
Everlane just landed on Amazon, and as a shopping writer who already relies on the brand for everyday staples, I immediately started scrolling. The retailer makes some of the best elevated basics out there-think great-fitting T-shirts, comfortable pants, and chic accessories that don't feel trendy or disposable. Even better, many of its most popular styles are already marked down, with discounts up to 64 percent. For anyone who loves high-quality pieces without the luxury markup, this drop feels like a big win.
MacKenzie Scott helped build one of the most recognizable companies in modern history-all while writing her first novel. As Amazon scaled from a fledging startup to a global force, Scott was simultaneously cultivating a literary life. Long before Amazon, Scott launched her literary career. While studying creative writing at Princeton University, Scott landed herself a highly coveted spot as one of Toni Morrison's advisees, a relationship that would shape her literary pursuits.
Amazon said Thursday it plans a staggering $200 billion in capital expenditures this year, sparking concern that the AI spending boom has entered an even more bubbly stage. The company's capex forecast was more than $50 billion above Wall Street expectations. That left some analysts uneasy about whether these huge investments will pay off. "The strong long-term return on investing capital - I think that's the debate in the market today," Mark Mahaney, a tech analyst at Evercore ISI, said during a conference call with Amazon executives following the results.
Amazon has announced that its generative AI-powered digital assistant Alexa Plus is now available to all Prime members in the US via any Alexa-enabled device, Alexa.com, and the Alexa mobile app. If you don't have Prime, you can access the assistant on a new free tier on the web and app, or pay $20 a month for unlimited access to Alexa Plus, without Prime.
Amazon.com Inc. ( NASDAQ: AMZN) has been one of the stock market's biggest success stories ever. The company had its initial public offering in May 1997 and traded for an astonishingly low split-adjusted price of just seven cents per share. Since then, the stock has gained 322,200% as the company has grown into the linchpin of e-commerce. Since its inception, Amazon has become a mainstay in the Magnificent 7 and now commands the fifth-largest market cap of any publicly traded company.
Amazon (NASDAQ:AMZN) just announced it's shutting down both its Amazon Go convenience stores and Amazon Fresh grocery locations, marking a dramatic retreat from physical retail. The company cited failure to achieve "a truly distinctive customer experience with the right economic model needed for large-scale expansion." Some locations will convert to Whole Foods Market stores. The closures come alongside 16,000 job cuts, accidentally revealed in an internal AWS email about "Project Dawn" organizational changes.
Shares of Amazon ( NASDAQ:AMZN) are up 0.5% this week, but retail investor sentiment tells a darker story. The company's social sentiment score dropped to negative 0.15 on Reddit and X over the past week, a sharp reversal from its neutral-bullish 0.12 average over the prior quarter. Among select tech peers, Amazon stands alone in sustained bearish sentiment while companies like NVIDIA ( NASDAQ:NVDA), Alphabet ( NASDAQ:GOOGL), Meta Platforms ( NASDAQ:META), and Apple ( NASDAQ:AAPL) enjoy bullish or neutral enthusiasm from the retail crowd.
