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Worried About Amazon’s AI Bill? What If It’s Already Paid For?
Trefis53d agoneutral
Worried About Amazon’s AI Bill? What If It’s Already Paid For?

If you follow Amazon.com (AMZN) stock, you’ve heard the main worry. The company is spending a fortune to build out its artificial intelligence infrastructure, and with the stock having trailed the index over the past year, investors are clearly nervous about the size of the bill. The price appears to give little credit for this investment, with a trailing price-to-earnings multiple of 27.5, toward the low end of its 10-year range.

Walmart Buys CTV Ad-Technology Firm
MediaPost53d agobullish
Walmart Buys CTV Ad-Technology Firm

Walmart, which has developed one of the most sophisticated retail media networks, advanced its ad strategy Tuesday to sell more ad space across connected TV, showing how RMNs cross into CTV.

Reuters53d agoneutral
Exclusive-SPS Commerce explores sale amid activist pressure, sources say

Supply chain software maker SPS Commerce is exploring a sale amid ‌pressure from activist investors, according to three people familiar ‌with the matter. The company is working with investment bank Morgan Stanley on ​the potential sale, which is expected to draw interest from private equity firms, the sources said, requesting anonymity to discuss confidential matters. SPS Commerce and Morgan Stanley did not immediately respond to requests for ‌comment.

Amazon Prime Day helps consumers stretch their dollars on groceries: VP
Yahoo Finance Video53d agoneutralVIDEO
Amazon Prime Day helps consumers stretch their dollars on groceries: VP

Amazon Prime Day (AMZN) is finally here as the 2026 consumer event kicks off on Tuesday and will run through Friday, June 26. Adobe Analytics predicts consumers could spend up to $26 billion in online shopping across this year's Prime Day. Amazon Prime vice president Jamil Ghani discusses the deals and value savings being offered, as well as the e-commerce outlet's practice of dynamic price matching.

Walmart Secures Nuclear Power Supply Deal With Constellation for Illinois Operations (WMT)
InvestorsHub53d agoneutral
Walmart Secures Nuclear Power Supply Deal With Constellation for Illinois Operations (WMT)

Retail Giant Signs Long-Term Agreement for Carbon-Free ElectricityConstellation (NASDAQ:CEG) and Walmart (NYSE:WMT) have entered into a long-term power purchase agreement that will provide emissions-free electricity from Constellation’s Dresden Clean Energy Center in Illinois. The arrangement marks Walmart’s first agreement tied directly to nuclear energy and is believed to be one of the first long-term nuclear power purchase agreements between a major U.

Bloomberg54d agoneutral
Amazon Prime Day Shoppers Plan to Hold Out for Steep Discounts

(Bloomberg) -- Patrice Kihlken used to get excited about Amazon.com Inc.’s annual Prime Day sale because she found the deals to be “really good.” This year she’ll browse the site for dresses and art supplies, but she’ll only buy them if the price is right. She’s been tracking prices and taking screenshots just to make sure.Most Read from BloombergSpaceX Falls for Third Day, Erases $600 Billion in Market ValueOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some RolesKorean Stocks Tumble 10%

Walmart and Target gain ground before Prime Day battle
TheStreet54d agoneutral
Walmart and Target gain ground before Prime Day battle

Amazon Prime Day evolved out of the company's desire to grow Prime memberships and create a shopping holiday during the slower summer season. The company frames the event, which launched in 2015, as a gift to loyal customers. "Prime Day is about celebrating our members by providing them with ...

102-year-old supermarket chain quietly shut down
TheStreet54d agoneutral
102-year-old supermarket chain quietly shut down

Grocery stores used to serve as neighborhood hubs, because before delivery, the internet, and retailers like Target and Walmart moving into the space, brick-and-mortar retailers were the only option. When I was a kid back in the 1980s, my town had a Star Market. That was the only supermarket that ...

Walmart slashed the prices of expensive electronics by up to 88% off
TheStreet54d agoneutral
Walmart slashed the prices of expensive electronics by up to 88% off

You've likely heard of Christmas in July, but what about the Black Friday of summer? Over a decade ago, back in 2015, Amazon hosted its very first Prime Day Sale, and it has since evolved into a monumental savings week that multiple retailers participate in. Walmart is the first to get into the ...

BP, Marathon, 7-Eleven, Walmart sued for allegedly using AI to boost California gas prices
Reuters54d agoneutral
BP, Marathon, 7-Eleven, Walmart sued for allegedly using AI to boost California gas prices

Gas station operators including BP, Circle K, Marathon Petroleum, 7-Eleven, Walmart and Albertsons were sued ‌on Monday by California drivers who accused them of using ‌artificial intelligence to boost prices at the pump. According to a proposed class action, the ​defendants violated California's main antitrust law, the Cartwright Act, by using an AI-based tool that uses data from competing gas stations to "coordinate high prices and wring more money from the pockets of consumers."

Prime Day Is Almost Here. It’s a Test of Amazon’s AI Strategy.
Barrons.com54d agoneutral
Prime Day Is Almost Here. It’s a Test of Amazon’s AI Strategy.

Amazon.com’s upcoming Prime Day will be a litmus test for the kind of boost agentic shopping tools can have on the e-commerce company moving forward. Prime Day is a sales event for Amazon Prime members. This year, Prime Day will run from June 23 to June 26, giving members four days to check out deals on a laundry list of items, including clothes, electronics, beauty products, and more.