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Stockreport

OpenAI Could Start Using Amazon Chips. Time to Buy Amazon? [Yahoo! Finance]

Amazon.com, Inc. (AMZN)  More Company Research Source: Yahoo! Finance
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
Amazon stock trades at 31.4x trailing P/E despite AI chip development and ties to Anthropic and potentially OpenAI. The deal could reveal how Amazon's custom Trainium chips compare to Google TPUs and Nvidia GPUs in real workloads. A recent study identified one single habit that doubled Americans' retirement savings and moved retirement from dream, to reality. Read more here Just when you thought the circular dealmaking across the AI scene couldn't pick up any more traction, news breaks that e-commerce and hyperscaler Amazon NASDAQ:AMZN ) is chatting with OpenAI about a potential $10 billion investment and a deal to start using Amazon chips. Undoubtedly, you just had to think that it would just be a matter of time before Amazon's AI chip efforts would produce something notable. While there aren't a ton of details known about the potential deal, I do find it a bit strange that shares of Amazon aren't taking off on the news. I guess investors have had enough of the circular deal [Read more]
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Stockreport

OpenAI Could Start Using Amazon Chips. Time to Buy Amazon? [Yahoo! Finance]

Amazon.com, Inc.  (AMZN) 
More Company Research Source: Yahoo! Finance
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
Amazon stock trades at 31.4x trailing P/E despite AI chip development and ties to Anthropic and potentially OpenAI. The deal could reveal how Amazon's custom Trainium chips compare to Google TPUs and Nvidia GPUs in real workloads. A recent study identified one single habit that doubled Americans' retirement savings and moved retirement from dream, to reality. Read more here Just when you thought the circular dealmaking across the AI scene couldn't pick up any more traction, news breaks that e-commerce and hyperscaler Amazon NASDAQ:AMZN ) is chatting with OpenAI about a potential $10 billion investment and a deal to start using Amazon chips. Undoubtedly, you just had to think that it would just be a matter of time before Amazon's AI chip efforts would produce something notable. While there aren't a ton of details known about the potential deal, I do find it a bit strange that shares of Amazon aren't taking off on the news. I guess investors have had enough of the circular deal [Read more]
IMPACT SNAPSHOT
EVENT TIME:
AMZN
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS