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News
Amazon plans to spend more than $200 billion on AI
3+ day, 15+ hour ago (414+ words) Estefano Gomez is an editor at Crypto Briefing specializing in blockchain analysis, DeFi, and the intersection of crypto and digital art. He previously served as Editor in Chief at Interesante for over three years, where he covered blockchain technology, NFTs,…...
Amazon tops Walmart in sales as its cloud arm generates 60% of total profit
1+ week, 14+ hour ago (172+ words) The company that built its empire selling books at discounted prices has displaced the company that defined American retail for half a century. Amazon has surpassed Walmart in total sales — a milestone that says less about shopping than about what…...
$220bn of capex later, Amazon's 1 of my top stocks to buy in September
1+ week, 2+ day ago (686+ words) Amazon’s price-to-book ratio is within touching distance of a 10-year low while it spends $220bn. The market thinks that’s a warning. I’m sensing an opportunity. Amazon (NASDAQ:AMZN) is one of my top stocks to buy in September. That’s an awkward…...
EXEC: Sportsman’s Warehouse CEO Paul Stone Talks Back Half Plan, Healthiest Inventory in Years
1+ week, 3+ day ago (1167+ words) Same-store sales in the second quarter were said to be “essentially flat” compared to Q2 last year, and in line with expectations. Net sales came in at $295.6 million for the quarter, up 0.6 percent from $293.9 million in the year-ago period. The 2026 Q2 number…...
AMZN Stock Surges 4% as Evercore Predicts Agentic AI Will Ignite Amazon’s Retail Boom - Stock Market & Finance News with Investing Updates
2+ week, 1+ day ago (470+ words) Evercore ISI has increased its price forecast for Amazon, driven by survey insights revealing that AI-enhanced shopping experiences are boosting product discovery and encouraging higher consumer spending. Published Aug 28, 2026 | 1:43 PM EDT Amazon.com (AMZN) shares surged approximately 4.2% on Friday following…...
Top tech analyst says people are buying more things on Amazon because of AI. He raised his price outlook as a result
2+ week, 1+ day ago (18+ words) Amazon.com could rally as wider AI adoption drives up sales on its online shopping platform, per Evercore ISI....
Evercore ISI raises price outlook for Amazon amid AI sales boost
2+ week, 1+ day ago (339+ words) Wall Street analyst projects Amazon's AI shopping assistant Rufus could add $56 billion in retail value by 2028 Evercore ISI analyst Mark Mahaney just handed Amazon one of the more bullish notes on Wall Street, raising his price target to $335 and projecting…...
Kohl's Q2FY26 Results: Adjusted EPS beats at $1.28, sales fall 0.9%
2+ week, 3+ day ago (444+ words) Kohl's Corporation (NYSE: KSS) reported second-quarter adjusted earnings of $1.28 per share, significantly beating the consensus estimate of 57 cents. Despite the profit beat, net sales declined 0.9% year-over-year to $3.32 billion, reflecting persistent pressure from inflation on core customers. The retailer raised its…...
Kohl's posts drop in Q2 sales, lifts FY profit guidance
2+ week, 3+ day ago (270+ words) US department store chain Kohl’s posted a drop in second-quarter sales on Wednesday as it conceded there was "critical work" to be done going forward, but lifted its full-year profit guidance as it included the benefit of tariff refunds. Second-quarter…...
Prospecting: Best Buy Traffic Posts First Quarterly Increase In Years.
2+ week, 3+ day ago (288+ words) Insideradio.com HereâÂÂs the latest in retail sales and strategy:Visits to Best Buy stores increased nationwide during the second quarter, reversing a four-year trend, according to new data from retail analytics firm Placer.ai Visits to the electronics…...