Amazon is Doubling Down on Groceries with a New Private-Label Collection
Amazon launched Amazon Grocery, a new private-label food brand (1000+ items) replacing Fresh/Happy Belly. Most items are under $5. Rivals slipped.
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Oracle Borrows Billions for AI Cloud Expansion
Oracle is raising $15 billion through bonds to fund massive cloud infrastructure deals with companies like OpenAI and Meta, boosting its AI capabilities despite rising costs.
Wells Fargo Upgrades Amazon: AWS and Anthropic Drive Growth
Amazon stock upgraded! Wells Fargo expects AWS sales to accelerate 22% by 2026, driven by the Anthropic partnership.
Oracle in Talks With Meta on $20 Billion AI Cloud Computing Deal
Oracle is negotiating a massive $20B cloud computing deal with Meta to power its AI models. This reinforces Oracle's new role as a major AI infrastructure provider, competing with Amazon and Google.
Amazon's Renewed Grocery Push: Cracking the Code?
Amazon targets grocery dominance using Prime and same-day delivery, but Instacart, DoorDash, and Walmart have competitive strengths of their own. Can it overcome vast infrastructure and selection gaps?
Hertz & Amazon Now Sell Used Cars Online!
Hertz now sells used rental cars on Amazon Autos in Dallas, Houston, LA, & Seattle. Expanding to 45 locations, this partnership marks Amazon Autos' first rental fleet deal, boosting Hertz's retail ops and aiming for convenience & profit.