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Head of Amazon's AGI lab is leaving the company
CNBC· 2026-02-24 21:37
The head of Amazon's artificial general intelligence lab is leaving the company less than two years after joining through a so-called acqui-hire deal of his startup Adept. David Luan announced his departure Tuesday in a LinkedIn post, saying he will exit at the end of the week "to cook up something new." Amazon tapped Luan in December 2024 to oversee its newly created AGI lab, based in San Francisco. The lab is focused on "long-term research bets," including developing "useful AI agents." Last year, the gro ...
Have Mag 7 Stocks Transformed into GARP Plays?
ZACKS· 2026-02-24 19:16
Key Takeaways There are some similarities but also key differences between the Nifty 50 & Mag 7.Mag 7 stocks currently trade at a slim premium to the S&P 500 Index.Leaders like MSFT have transformed into GARP plays. What were the Nifty 50?The “Nifty 50” was a group of 50 of the most followed, large-cap stocks on the NYSE that flourished in the 1920s and early 1970s. The group of stocks included well-known, popular companies such as Walmart (WMT), Polaroid, Xerox (XRX), and Coca-Cola (KO). During the early 1 ...
Italy watchdog bans Amazon logistics unit from using staff personal data
Yahoo Finance· 2026-02-24 17:37
By Elvira Pollina MILAN, Feb 24 (Reuters) - Italy's privacy watchdog on Tuesday ordered a local unit of e-commerce ‌giant Amazon to stop using the personal information ‌of more than 1,800 employees at a warehouse north-east of Rome. The unit, ​Amazon Italia Logistica, must also stop processing any data collected through four video-surveillance cameras installed near bathrooms and break areas of the Passo Corese facility, the authority said in a ‌statement. "We are examining ⁠with the utmost attention ...
Italy watchdog bans Amazon unit from using staff personal data
Reuters· 2026-02-24 17:37
Skip to main contentExclusive news, data and analytics for financial market professionalsLearn more aboutRefinitivItaly watchdog bans Amazon unit from using staff personal dataFebruary 24, 20265:37 PM UTCUpdated agoBy ReutersCompaniesAmazon.com IncMILAN, Feb 24 (Reuters) - Italy's privacy authority said on Tuesday it had banned Amazon Italia Logistica from processing personal information of 1,800 workers at its Passo Corese logistics centre, near Rome.Amazon Italia Logistica must also halt the processing of ...
亚马逊股价7天波动涨2.5%,成交额约442亿美元
Jing Ji Guan Cha Wang· 2026-02-24 16:54
经济观察网亚马逊股价在最近一周(2026年02月18日至02月24日)呈现波动走势。02月18日股价上涨 1.81%至204.79美元,终结了此前9连跌行情;02月20日进一步上涨2.56%至210.11美元;但02月23日受 市场避险情绪影响下跌2.30%至205.27美元;02月24日小幅反弹0.44%,收盘报206.17美元。区间累计涨 幅2.50%,振幅4.80%,成交额约442亿美元。当前市盈率(TTM)为28.75倍,总市值约2.21万亿美元。 近期事件 近期热点事件包括竞争威胁与宏观政策影响。SpaceX星链于02月24日被报道采取低价策略(如美国月费 降至50美元),以抢占市场份额,应对亚马逊Leo卫星服务计划今年上线。同时,02月23日美股市场因关 税政策不确定性及美联储偏鹰预期引发科技股抛售,亚马逊当日下跌2.30%。特朗普政府依据《1974年 贸易法》将关税税率提高至15%,可能加剧全球贸易风险。 机构观点 韦德布什分析师在02月18日指出,亚马逊处于"自证阶段",需向投资者证明其2000亿美元资本支出能带 来回报,短期内支出增长仍可能压制股价。公民金融集团分析师则看好AWS业务,认为数 ...
Billionaire Investor Stanley Druckenmiller Eliminated His Fund's Position in Meta Platforms and Piled into Another "Magnificent Seven" Stock That's Been Getting Crushed by the Broader Market
Yahoo Finance· 2026-02-24 16:39
There aren't many better investors, if any at all, than billionaire Stanley Druckenmiller. As a hedge fund manager, Druckenmiller averaged a 30% annual return for three decades and has supposedly never had a year in the red. Today, Druckenmiller manages much of his personal wealth through his family office, the Duquesne Family Office, which had close to $4.5 billion in assets at the end of 2025. During the fourth quarter of the year, Druckenmiller's fund eliminated its position in Meta Platforms (NASDAQ: ...
Is Amazon.com Stock Underperforming the Dow?
Yahoo Finance· 2026-02-24 16:12
Amazon.com, Inc. (AMZN) is a global technology and e-commerce behemoth, headquartered in Seattle, Washington. Today, the company operates across a dazzling range of businesses, cloud services via AWS, digital streaming, subscription services, advertising, physical retail, consumer electronics, and more. Its diversified growth model has placed it among the world’s most valuable public companies, with a market cap of $2.2 trillion, and it has a secure position in the Magnificent Seven group. Companies wort ...
California seeks injunction to stop Amazon's alleged stifling of price competition
Reuters· 2026-02-24 16:03
Core Viewpoint - California's Attorney General is seeking a preliminary injunction against Amazon, alleging that the company engages in anti-competitive practices by pressuring merchants to inflate prices, thereby stifling price competition in the market [1]. Group 1: Allegations Against Amazon - The California AG claims that Amazon's actions aim to insulate itself from price competition by preventing lower retail prices from being available elsewhere [1]. - It is alleged that Amazon has pressured merchants to agree on fixed prices, ensuring that it is not undercut by competitors like eBay, Target, and Walmart [1]. - Merchants who do not comply with Amazon's pricing demands risk being cut off from access to Amazon's "Buy Box," which is crucial for sales on the platform [1]. Group 2: Legal Proceedings - A trial regarding the antitrust case against Amazon is scheduled for January 2027 [1]. - The proposed injunction seeks to halt Amazon's alleged anti-competitive conduct while the case is ongoing, with a monitor suggested to oversee compliance [1]. Group 3: Amazon's Defense - Amazon argues that its agreements with merchants are legal and pro-competitive, claiming they benefit consumers by enhancing product selection and competitive pricing [1].
Amazon's $200 Billion AI Spending Shocker Has Wall Street Asking One Question
247Wallst· 2026-02-24 15:33
36,382,733+$15.35+7.81%$211.95[FactSet Research Systems][FDS]• Vol: 349,169+$11.69+6.14%$201.95[IBM][IBM]• Vol: 5,557,844+$12.45+5.58%$235.80## Top Losing Stocks[Expeditors International of Washington][EXPD]• Vol: 713,376-$9.206.15%$140.44[Oneok][OKE]†¢ Vol: 2,540,845-$4.705.38%$82.63[CVS Health][CVS]• Vol: 2,949,597-$3.364.36%$73.64[Fair Isaac] [FICO]• Vol: 132,015-$45.403.54%$1,236.25[Diamondback Energy][FANG]• Vol: 1,195,316-$5.733.30%$168.09 Bleeker | Feb 15, 2026 at 7:50 AM EST Nvidia closed the week ...
Amazon’s $200 Billion AI Spending Shocker Has Wall Street Asking One Question
Yahoo Finance· 2026-02-24 15:33
Quick Read Amazon (AMZN) committed to $200B in capital expenditure for 2026. Amazon spent $131.8B in 2025. Amazon’s AWS revenue hit $35.6B in Q4 2025. This marked the fastest growth in 13 quarters at 24%. Amazon’s free cash flow fell to $7.7B from $32.9B. Capital spending consumed 94.5% of operating cash flow. A recent study identified one single habit that doubled Americans’ retirement savings and moved retirement from dream, to reality. Read more here. Amazon.com (NASDAQ:AMZN) has committed $20 ...