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Friday, November 7, 2025

Tag: Amazon stock

Amazon Stock Hits Record High After $38B OpenAI Computing Deal

Amazon shares reach all-time high following landmark $38 billion AI infrastructure partnership with OpenAI, signaling major push into artificial intelligence.

Amazon Shares Soar 11% as AWS Cloud Growth Fuels AI Comeback

Amazon stock surges as AWS cloud unit shows 20% growth, easing AI competition fears. 23 brokerages raise targets after strong earnings.

Amazon Shares Surge 11% as AI Boom Drives Cloud Growth

Amazon stock jumps after AWS revenue grows 20% to $33 billion, marking fastest cloud growth since 2022 amid AI infrastructure expansion.

Amazon to Cut 30,000 Corporate Jobs in Major AI-Driven Restructuring

Amazon plans largest layoffs since 2022, cutting 10% of corporate workforce as CEO Andy Jassy tackles bureaucracy and implements AI automation.