Previous close | 0.0900 |
Open | 0.1100 |
Bid | 0.0000 |
Ask | 0.0000 |
Strike | 45.00 |
Expiry date | 2025-06-20 |
Day's range | 0.0900 - 0.1100 |
Contract range | N/A |
Volume | |
Open interest | 3.25k |
Amazon (AMZN) Web Services (AWS) has found itself competing with tech giants like Microsoft (MSFT) in the AI race, with some investors perceiving AWS as falling behind. At the 2024 Goldman Sachs Communacopia and Technology Conference, Yahoo Finance reporter Madison Mills is joined by AWS CEO Matt Garman to get his take on this situation. Garman shares his perspective on why he believes AWS is pursuing the right AI strategy, despite market concerns. "At Amazon, we have a saying that we're willing to be misunderstood for long periods of time. For us, we felt that it was more important to actually build a baseline platform that customers could really go build real enterprise value into their applications on, as opposed to rushing in and quickly getting out chatbot technology that... looks cool and allows people to write haikus and other things like that. But that's not really the eventual place that the value is gonna come from this technology; it's not just chatbots," Garman states. Catch Yahoo Finance's full interview with Matt Garman click here For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
Amazon stock started strong in 2024 but sold off to close the summer. However, shares recently retook the 50-day line.
A lawmaker of India's ruling party and a key retailers' group urged the government on Friday to suspend the operations of Amazon and Walmart's Flipkart in light of antitrust breaches. Indian antitrust investigation reports, which are not public, have found Amazon and Flipkart violated local competition laws by giving preference to select sellers and priority to certain listings, hurting competition, Reuters exclusively reported on Thursday.