Scoopfeeds — Intelligent news, curated.
Should You Buy Amazon.com (AMZN)?
business

Should You Buy Amazon.com (AMZN)?

Yahoo Finance · Jun 11, 2026, 5:30 PM

Key takeaways

  • Ramish Cheema Fri, June 12, 2026 at 12:30 AM GMT+7 2 min read AMZN AAPL GSAT Amazon.com, Inc.
  • 13 Best Stocks to Invest In According to Billionaire Ken Griffin.
  • e Commerce and cloud computing giant Amazon.com, Inc.

Should You Buy Amazon.com (AMZN)? Ramish Cheema Fri, June 12, 2026 at 12:30 AM GMT+7 2 min read AMZN AAPL GSAT Amazon.com, Inc. (NASDAQ:AMZN) is one of the

13 Best Stocks to Invest In According to Billionaire Ken Griffin.

e Commerce and cloud computing giant Amazon.com, Inc. (NASDAQ:AMZN)’s shares are up by 11% over the past year and by 6.7% year-to-date. Its cloud computing division, AWS, scored a major win earlier this month when Pinterest announced that it planned to spend a whopping $4 billion through 2031 on the business. The deal also includes Amazon.com, Inc. (NASDAQ:AMZN)’s custom AI chips, which Pinterest intends to use to run language models and visual models to beef up its artificial intelligence capabilities. The firm is also busy making moves in the satellite internet industry, as it announced on May 29th that it would acquire Apple’s 20% stake in satellite company Globalstar.

Article preview — originally published by Yahoo Finance. Full story at the source.
Read full story on Yahoo Finance → More top stories
Aggregated and edited by the Scoop newsroom. We surface news from Yahoo Finance alongside other reporting so you can compare coverage in one place. Editorial policy · Corrections · About Scoop