Tag: E-Commerce Discretionary

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.

China has given the green light to three of its largest tech companies to buy Nvidia’s (NVDA), opens new tab H200 artificial intelligence chips, four people familiar with the matter told Reuters, marking a shift in position as Beijing seeks to balance its AI needs against spurring domestic development.

Alibaba Group Holding Ltd. is preparing to list its chipmaking arm, tapping strong investor interest in the small circle of companies aspiring to compete with Nvidia Corp. in the hot AI accelerator business.

China’s fast-growing artificial intelligence sector may be readying for major purchases of U.S. chips, creating opportunities—and competition—for the likes of Nvidia and Advanced Micro Devices.

OpenAI is in discussions with Amazon about a potential investment and an agreement to use its artificial intelligence chips, CNBC confirmed on Tuesday.

ByteDance and Alibaba have asked Nvidia (NVDA), about buying its powerful H200 AI chip after U.S. President Donald Trump said he would allow it to be exported to China, four people briefed on the matter told Reuters.

Amazon on Wednesday committed to investing over $35 billion in India’s cloud and artificial intelligence space by 2030, as hyperscalers race to get a foothold in the market.