Amazon stock nears Prime Day week as AWS chip push, FTC risk come into view

Amazon.com stock ended Thursday at $244.39, gaining 2.9% before markets shut down for Juneteenth and the weekend. As Prime Day week kicks off, investors are eyeing two things: Amazon’s retail momentum and the company’s push to make AI costs pay off in its chip business.

Pelosi family positions in AI, Big Tech grab attention after new trades

Pelosi family positions in AI, Big Tech grab attention after new trades

Pelos family filings show they continue to hold major positions in leading U.S. tech and AI infrastructure stocks, despite selling a large amount of Apple, Nvidia and Amazon back in December. The House filings show these holdings are listed as spouse-owned, not owned directly by Nancy Pelosi.
Amazon Leo, AST SpaceMobile and China Launches: June 2026 Space and Satellite News

Amazon Leo, AST SpaceMobile and China Launches: June 2026 Space and Satellite News

Arianespace’s Ariane 6 rocket launched from French Guiana on Wednesday, carrying 36 Amazon Leo broadband satellites. That’s the most satellites the Ariane has flown at once, and a test for Europe in the satellite-internet launch rush. Liftoff was at 9:22 a.m. local time, with satellite separation set for about 1 hour and 51 minutes into the mission. “36 is a milestone for us,” CEO David Cavaillolès said before launch.
Nasdaq steady in late trading as oil eases, Fed up next

Dow Marks Record High; S&P 500, Nasdaq Slip Ahead of Fed Decision

U.S. stocks showed a split late Tuesday morning. The Dow hit another record high, up 354.56 points, or 0.69%, at 52,025.59. But some investors sold out of Big Tech, sending the S&P 500 down 14.16 points, or 0.19%, to 7,540.13. The Nasdaq Composite lost 109.15 points, or 0.41%, to 26,574.79. Losses were sharper in the Nasdaq 100, which dropped 0.91% as traders pulled back from the biggest growth and tech names.
Dow hits new closing high; oil falls after U.S.-Iran deal

Dow hits new closing high; oil falls after U.S.-Iran deal

Dow Jones Industrial Average surged to a fresh intraday record Monday after news of a U.S.-Iran deal pulled buyers back into the market, easing concerns about a drawn-out energy shock. The Dow, which tracks 30 large U.S. blue chips and is weighted by stock price, moves most when higher-priced names swing. Google Finance listed the Dow at 51,775.82, up 573.56 points or 1.12% on the day, after peaking at 51,945.89.
Bezos Backs Ending Income Tax for Lower Earners

Bezos Backs Ending Income Tax for Lower Earners

Bezos’ call to get rid of federal income tax for the bottom half of earners got new notice Monday after Investopedia pointed out the plan would hand a bigger benefit to some workers. The Amazon and Blue Origin chief pitched the scheme on CNBC’s “Squawk Box” back on May 20, telling viewers the lower half of Americans already account for a tiny share of income tax collected. “I think it should be zero,” Bezos said.
15 June 2026
Amazon Shares Slip After $17.5 Billion AI Loan Draws Focus to AMZN Cash Flow

Amazon takes number one spot on 2026 Fortune 500; regional shifts seen

Amazon has taken the No. 1 spot on the 2026 Fortune 500, Fortune said, unseating Walmart after 13 years at the top. The change put Amazon ahead for the first time in more than a decade and drove shifts in regional tallies for Pennsylvania, New Jersey and New England. Fortune’s 72nd annual list put the collective revenue at $21.0 trillion, with profits at $2.1 trillion and a workforce of 30.5 million worldwide.
Big Tech Trades Lower With SpaceX IPO and Fed In Focus

Big Tech Trades Lower With SpaceX IPO and Fed In Focus

Big Tech shares closed out a choppy week with uneven moves. The S&P 500 ended up 0.5% on Friday, putting it up 0.6% for the week. The Nasdaq Composite added 0.3% for the day and 0.7% for the week, according to Associated Press data. Inside the megacap group, Tesla jumped 1.8% on Friday, and both Alphabet and Nvidia posted small gains. Amazon, Apple and Meta slipped. Stocks move higher when investors see more profit ahead or lower risks. They fall when those views reverse.
Dow closes up as Iran deal hopes and lower oil prices draw focus

Dow closes up as Iran deal hopes and lower oil prices draw focus

Dow Jones closed up on Friday, with the index gaining 353.42 points, or 0.71%, to finish at 51,208.20, according to Reuters’ preliminary figures. The move capped a rebound week for Wall Street as investors bought back into cyclical and financial names. S&P 500 added 0.51%, Nasdaq Composite rose 0.30%.
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US Stock Market Today Updates

AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 Strong buy

Alphabet

NASDAQ:GOOGL 92/100 • ★★★★½
#2 Strong buy

Taiwan Semiconductor Manufacturing

NYSE:TSM 89/100 • ★★★★½
#3 Buy

S&P Global

NYSE:SPGI 88/100 • ★★★★
#4 Buy on weakness

Amazon

NASDAQ:AMZN 86/100 • ★★★★
#5 Buy on weakness

Microsoft

NASDAQ:MSFT 84/100 • ★★★★
View full portfolio
Editorial model selection. Not personalised advice.
MARKET CALENDAR

Key Events Today

The catalysts most likely to move markets.

#1

Chicago Fed National Activity Index

A surprise around the 0.10 forecast could shift the morning growth narrative and influence Treasury yields and the dollar before the opening bell.

#2

PDD Holdings earnings

The day’s largest scheduled equity report can move PDD and the broader China-internet / e-commerce complex through revenue growth, margins and Temu commentary.

#3

XPeng earnings

Deliveries, margin progression and spending on AI-enabled mobility can affect U.S.-traded Chinese EV names and related technology suppliers.

View full calendar
Times and estimates may change. Verify before trading.