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- Yahoo Finance Video
Amazon unveils new unlimited grocery delivery subscription
Amazon (AMZN) has announced that it will launch a new unlimited grocery delivery subscription for Prime members for those living in 3,500 eligible cities and towns. The program will allow users to get free deliveries for grocery orders totaling more than $35 across its subsidiaries, including Amazon Fresh and Whole Foods. It costs $9.99 per month for Prime members and $4.99 for those with a registered EBT card who do not have a Prime membership. Yahoo Finance's Madison Mills and Seana Smith break down the latest announcement from the online sales giant. For more expert insight and the latest market action, click here to watch this full episode. This post was written by Nicholas Jacobino
- Zacks
The Zacks Analyst Blog Highlights Meta Platforms, Amazon.com, PDD Holdings and Apple
Meta Platforms, Amazon.com, PDD Holdings and Apple are part of the Zacks top Analyst Blog.
- Reuters
Microsoft's AI lead puts Amazon cloud dominance on watch
Upcoming quarterly reports from U.S. tech giants may show Microsoft is closing the gap on cloud-computing market leader Amazon.com as more businesses switch to its services, attracted by a clutch of generative AI features that are powered by OpenAI's technology. The Redmond, Washington-based software giant has beaten rivals Amazon and Google-parent Alphabet to the market with AI services including the Copilot, a set of genAI tools that work in Microsoft's business apps, that was rolled out in November for $30 a month. Its earnings on Thursday will be an indicator of AI adoption and could influence the movement of technology stocks as a rally in the sector eases this month amid worries that interest rates in the U.S. could stay high for longer.
