Amazon.Com Inc (AMZN)
Amazon.com Inc (AMZN) is a global technology and e-commerce giant founded by Jeff Bezos in 1994. It started as an online bookstore and has since expanded into a vast online marketplace offering a wide range of products and services. Amazon is also a leader in cloud computing through its Amazon Web Services (AWS) division, providing scalable cloud infrastructure and services to businesses worldwide. Additionally, Amazon is involved in digital entertainment, artificial intelligence, and logistics, making it one of the world's most influential technology companies.
Company News
Power Queen is promoting sustainable lithium battery solutions during Amazon Black Friday, highlighting the shift from disposable lead-acid batteries to long-lasting, environmentally friendly LiFePO4 battery systems for campers and RV travelers.
Seagate Technology is positioned for significant growth in 2026 due to its AI-capable hard drive capabilities for data center infrastructure, with analysts projecting potential double-digit gains and a strengthening market outlook.
Adobe announced plans to acquire Semrush for $1.9 billion at $12.00 per share, representing a 77.5% premium, highlighting the growing importance of AI-powered marketing solutions.
Activist investor Dan Loeb's Third Point LLC significantly increased stakes in big tech stocks like Microsoft and Meta while completely exiting positions in companies like Workday during Q3 2025.
