Amazon (AMZN) announced two new AI chips on Tuesday developed in partnership with Nvidia (NVDA): the Graviton4 and Trainium2, developed to power the AWS platform and large language models respectively Additionally, Amazon unveiled Q, a business-focused chatbot to enhance productivity via task tracking and information lookup capabilities. However, as Yahoo Finance Tech Editor Dan Howley discusses, its functionality strongly mirrors Microsoft’s (MSFT) existing Copilot. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
While shoppers spent a record $12.4 billion on Cyber Monday alone, the Cyber Week retail event racked up a total of $38 billion in consumer spending. Yahoo Finance Retail Reporter Brooke DiPalma details the e-commerce platforms and buy now, pay later companies — such as Amazon (AMZN) and Affirm (AFRM) — that benefitted the most this holiday shopping season as consumers navigate online scams while checking out items on their wish list. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Shopify's (NYSE: SHOP) stock journey over the past few years has mirrored the journeys of many other big-name, younger tech companies. Regardless of the roller-coaster ride, there's no doubt that Shopify has made some millionaires along the way. A $40,000 investment in Shopify at its May 2015 initial public offering (IPO) would be worth just under $1.1 million today.