Hertz Launches Huge Digital Showroom on eBay
Hertz is selling 8,000 near-new cars on eBay with warranties and protections, shifting to direct online car sales.
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#AMZN↓
Amazon Launches Supply Chain Service – FedEx & UPS Stocks Crash
Amazon launched a service that lets companies use its delivery network for shipping, storage, and faster logistics with AI support. FedEx and UPS shares fell amid fears of new competition.
Nvidia Tumbles as Big Tech Bets Big on Its Own AI Chips
Nvidia fell as big tech boosts AI spending but builds its own chips, reducing reliance on Nvidia despite higher overall investment.
Amazon Crushes Q1 Cloud Forecasts as AI Demand Fuels 28% AWS Jump
Amazon beat earnings/revenue forecasts; AWS AI demand surged. Stock rose after-hours despite weak cash flow outlook and high AI investment.
Meta Just Handed AWS a Massive Win: Tens of Millions of Graviton Chips to Power Agentic AI
Amazon and Meta struck a big deal: Meta will use AWS Graviton chips to run AI systems faster, cheaper, and more efficiently.
GitLab and AWS Team Up: Agentic AI Without the Extra Hassle
GitLab now works with AWS Bedrock, letting teams use AI in coding easily, securely, and without extra setup or accounts.