Amazon CEO Andy Jassy said Thursday the company is still digesting the impact of President Donald Trump's sweeping tariffs, but that its vast network of third-party sellers may "pass that cost on" to consumers."I understand why, I mean, depending on which country you're in, you don't have 50% extra margin that you can play with," Jassy said in an interview with CNBC's Andrew Ross Sorkin. "I think they'll try and pass the cost on." This is breaking news. Please refresh for updates. ...

NetworkNewsWire Editorial Coverage NEW YORK, April 10, 2025 /PRNewswire/ -- Facing ongoing labor shortages and rising consumer demands, the hospitality and food service sectors are increasingly turning to artificial intelligence (AI)-driven service robots. These cutting-edge technologies are helping hotels, restaurants, and cafes streamline operations, lower costs, and elevate customer experiences. As the hospitality robotics market is expected to surge to $65.4 billion by 2032 (https://ibn.fm/WxsRw), robot ...

There's a lot of panic and fear in the market right now, caused by the Trump administration's tariff announcements. Artificial intelligence (AI) stocks, in particular, have been slammed as investors move their money from risky stocks to more conservative investments.While I understand why, I'm more focused on the long term, and I'm looking for great deals that will be worth substantially more over the next five years.I've come up with two strong picks that could soar over the next five years from today's pr ...

Amazon CEO Andy Jassy released his annual letter to shareholders on Thursday.Here's the full text of Jassy's letter:Dear Shareholders:2024 was a strong year for Amazon.Our total revenue grew 11% year-over-year ("YoY") from $575B to $638B. By segment, North America revenue increased 10% YoY from $353B to $387B, International revenue grew 9% YoY from $131B to $143B, and AWS revenue increased 19% YoY, from $91B to $108B. For perspective, just 10 years ago, AWS revenue was $4.6B; and in that same year, Amazon's ...

Core Viewpoint - The recent market decline presents a buying opportunity for leading AI stocks, which are expected to thrive in the long term despite current uncertainties [2][3]. Group 1: Market Context - The market's enthusiasm for AI has been challenged by tariff issues related to the Trump administration, leading to a significant market drop before a partial recovery [2]. - Historical trends suggest that market downturns can provide excellent long-term buying opportunities for high-quality stocks [3]. Group 2: AI Stock Opportunities - **Nvidia**: Dominates the AI data center GPU market with over 90% market share, and its earnings are projected to grow by 37% annually. The stock's P/E ratio has dropped to below 35, resulting in a PEG ratio of less than 1, indicating a strong value proposition [4][5]. - **Microsoft**: A leader in enterprise software with a market cap of $2.9 trillion, it has a solid track record of dividend payments and a AAA credit rating. Analysts expect earnings growth of 12% annually, with a current P/E ratio of 29 and a PEG ratio of 2.4, making it a reliable long-term investment [6][7]. - **Amazon**: With AWS holding about 30% of the cloud market, Amazon is well-positioned to benefit from AI growth. The company's P/E ratio has fallen to 32, with an estimated long-term earnings growth rate of nearly 21%, resulting in a PEG ratio of 1.5 [8][10]. - **Meta Platforms**: Operates a vast advertising network with 3.35 billion daily active users, funding significant AI investments. The stock's P/E ratio is currently 21, with expected earnings growth of 17% annually, presenting a compelling investment opportunity [11][12].

Group 1: Amazon - Amazon could benefit significantly if tariffs lead to increased consumer buying power and reshoring of manufacturing, as more consumers may shop on its platform and utilize its cloud services [2][3] - The stock price of Amazon remains over 20% below its previous high, presenting a potential buying opportunity for long-term investors if Trump's tariff policy is successful [4] Group 2: Vertex Pharmaceuticals - Vertex Pharmaceuticals is positioned to perform well in a scenario where tariffs lead to higher inflation and slower economic growth, as it markets the only approved therapies for cystic fibrosis and is expanding its product offerings [5][6] - The company is also evaluating drugs in late-stage testing for kidney diseases and has a potential cure for severe type 1 diabetes, indicating strong future growth prospects [7] Group 3: Barrick Gold - Barrick Gold is likely to perform well in a worst-case scenario of a global trade war and recession, as gold is traditionally viewed as a safe haven during economic turmoil [8][10] - The average analyst's 12-month price target for Barrick Gold suggests an upside potential of around 27%, indicating strong investor interest in the stock amid market volatility [10]

Group 1 - Amazon is set to launch 27 low-Earth orbit satellites as part of Project Kuiper, with the original launch window postponed due to poor weather conditions [1][2] - The launch mission, known as KA-01 or Kuiper Atlas 1, will utilize a United Launch Alliance Atlas V rocket at Cape Canaveral Space Force Station [3] - Project Kuiper represents a significant investment of $10 billion by Amazon, aiming to compete in the satellite internet service market currently dominated by SpaceX's Starlink, which has approximately 7,000 satellites [4] Group 2 - The competitive landscape for satellite internet services includes not only Amazon and Starlink but also other companies like Viasat, Hughesnet, Eutelsat, and China's SpaceSail, potentially improving internet availability in rural areas [5] - Amazon's extensive launch agreements with major providers position it as a strong competitor against Starlink, which currently leads the market [6] - Project Kuiper aims to address the global digital divide by providing high-speed internet to underserved communities, highlighting its significance beyond mere competition [6]

Core Insights - Amazon is developing a broadband internet constellation named Project Kuiper, aiming to provide high-speed, low-latency internet services to various customers [3][5] - The company is facing delays in launching its satellites due to adverse weather conditions, impacting its timeline for deployment [1][2] - Amazon is under pressure to meet a Federal Communications Commission deadline to have 1,618 satellites operational by July 2026 [5] Group 1: Project Kuiper Overview - Project Kuiper involves launching a constellation of internet satellites in low Earth orbit, targeting consumers, corporations, and governments [3] - The first two demonstration satellites were prepared for launch but faced delays due to weather issues [1][2] Group 2: Competitive Landscape - Amazon is competing with SpaceX's Starlink, which has already deployed 8,000 satellites and has a significant presence in the federal government [4] - The competition is intensified by SpaceX CEO Elon Musk's involvement in government advisory roles, which may influence Starlink's operations [4] Group 3: Launch and Deployment Plans - Following the initial launch, Amazon plans to increase its satellite production and deployment rates [5] - The company is preparing for subsequent missions, which will also utilize United Launch Alliance's Atlas V rockets [5]

The recent sell-off has left few stocks unscathed, including "Magnificent Seven" stocks such as Amazon (AMZN 11.98%). As of early April, the stock is down 20% since the beginning of the year and sells at nearly 30% below the all-time high it achieved in early February.These early results could have implications for the stock's performance in 2025. Let's take a closer look at Amazon's businesses and financials to see if the stock could still be a winner this year. Amazon todayIt may surprise some investors t ...

Core Insights - DevOpser has launched its Secure AI Application Hosting and Development SaaS in AWS Marketplace, providing an end-to-end AI development platform that allows businesses to get started in under 60 minutes [1][4] - The platform is designed for businesses working with the U.S. federal government and those needing to meet enterprise security requirements, ensuring compliance with the NIST Cybersecurity Framework [2][4] Key Features - The platform eliminates the complexity of AI application infrastructure, enabling teams to focus on innovation while adhering to strict security and compliance requirements [4] - It offers a parameterized one-click deployment for launching a full AI application hosting and development pipeline, including staging and production environments in under an hour [6] - The development environment is browser-based, facilitating seamless collaboration with a dedicated workspace [6] - Automated GitOps pipelines integrate directly with GitHub for continuous integration and deployment (CI/CD) [6] - The service meets enterprise security and compliance standards, specifically the NIST Cybersecurity Framework [6] - High availability and disaster recovery features include autoscaling, rollback capabilities, and failover protection at the Availability Zone level [6] - Integration with AWS Bedrock allows access to all available large language models [6]