AWS CEO Matt Garman said Amazon's recent $50 billion investment in OpenAI, after its long partnership including $8 billion of investment in Anthropic, is the type of conflict of interest the cloud giant is used to handling.

Philip Diehl, president of the U.S. Money Reserve, is skeptical the two-week ceasefire between the U.S. and Iran will even hold due to the stark differences between goals. He explains how the situation surrounding the Strait of Hormuz serves as a "cautionary tale" for other countries as they rebuild strategic oil reserves.

Amazon is preparing to end support for Kindle devices released before 2012 — cutting them off from the Kindle Store and making them virtually unable to load any new content. The company set a cutoff date set for May 20, 2026.

Investors should examine the potential benefits of this spending before panicking over its scope.

The lawsuit alleges that Amazon bypassed YouTube protections to collect content for its generative AI video system.

Amazon stock jumped back its 50-day moving average Wednesday as part of a broader rally followed the ceasefire news.

Tech stocks rallied with the rest of the market after President Donald Trump's two-week Iran ceasefire announcement. Meta, Amazon, Alphabet and Nvidia led the Magnificent 7 names higher.

According to a Reuters report, multiple hyperscalers have already scrapped or delayed billion-dollar data center projects in the U.S. amid community pushback over water usage, land, and energy demand. Shareholders are now pressing for greater transparency, particularly around water consumption—an issue that's quickly moving from ESG talking points to operational risk.

The Magnificent Seven stocks staged a powerful rebound Wednesday morning after a ceasefire agreement between Iran and President Donald Trump sparked a broad risk-on rally across global markets.

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