Tag: E-Commerce Discretionary

Amazon agreed to acquire satellite operator Globalstar in a deal that would boost the tech giant’s efforts to build its own satellite operation.

Alibaba Cloud is investing in a new type of artificial intelligence designed to better replicate the real world using a different approach from chatbots such as OpenAI’s ChatGPT.

Amazon.com (AMZN) said on Thursday its cloud business’s AI revenue run rate was more than $15 billion in the ​first quarter of 2026, the company’s first disclosure of ‌direct financial returns from its artificial intelligence efforts.

Alibaba and China Telecom are launching a data center in southern China powered by the e-commerce giant’s own chips, as the country ramps up its focus on homegrown AI infrastructure.

Amazon (AMZN) is reportedly in negotiations to acquire satellite company Globalstar (GSAT). But Apple (AAPL) might pose an obstacle to a purchase that would boost the e-commerce company’s push into space.

OpenAI has raised $122 billion ahead of its planned initial public offering. The ChatGPT developer got its biggest backing from Amazon.com (AMZN) as it looks to lessen its dependence on Microsoft (MSFT).

Chinese tech giant Alibaba on Thursday reported net income had dropped 66% year-over-year, as it missed analyst revenue expectations.

Amazon (AMZN) is making the single largest investment in artificial-intelligence infrastructure among the major U.S. technology companies.

Alibaba Group (9988) on Tuesday ​launched an artificial intelligence platform for enterprises targeting automation, intensifying ‌competition in China’s rapidly evolving AI agent market following the OpenClaw craze that has gripped the country’s tech sector.

Amazon (AMZN) is ramping up its speedy delivery service by offering 1-hour and 3-hour shipping in markets across the ​U.S., including Los Angeles and Chicago, in its latest efforts to ‌stave off e-commerce competition from its biggest rival Walmart.

Alibaba Group Holding Ltd. is setting up a business unit to bring its sprawling AI services and development endeavors under a single umbrella, signaling its determination to profit off artificial intelligence.

Amazon’s Zoox is making its toaster-shaped self-driving vehicles available through the Uber app in Las Vegas starting this summer, the latest sign of momentum in the nascent but fast-growing robotaxi market.

OpenAI has closed a $110 billion funding round, a financing that’s more than double the size of its last raise a year ago, which was a record for a private tech company.

Alibaba Group Holding Ltd., the Chinese e-commerce player that has become a leader in artificial intelligence, is stepping up a push into software coding tools, offering low-cost access to several of the country’s top AI models.

Bath & Body Works Champagne Toast body wash, with no minimum shipping threshold, is now just a click away for Amazon
Prime members.

EBay shares surged by almost 8% in premarket U.S. trading Thursday after the e-commerce giant reported better-than-expected fourth-quarter results and announced plans to acquire fashion marketplace Depop from Etsy.

Alibaba (BABA) has upgraded its flagship artificial-intelligence model. It’s another AI threat for software stocks, although corporate caution around using Chinese technology might limit the immediate risk.

Shopify (SHOP) stock rose sharply Wednesday as the e-commerce platform missed earnings expectations but reported better-than-expected growth and announced a $2 billion stock buyback program.

Amazon shares plunged more than 10% in extended trading Thursday after the company posted mixed fourth-quarter earnings and boosted its 2026 spending forecast to $200 billion.

Long delays to get power grid connections are challenging Amazon’s (AMZN), opens new tab plans to expand data centers in Europe, the company told Reuters, as industries ramp up pressure on policymakers to upgrade ageing energy grids.