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.
Shares of iRobot (IRBT)—known for its Roomba vacuums— fell sharply after European Union regulators issued a “statement of objections” over its deal to be acquired by Amazon (AMZN). Crown Castle (CCI) shares jumped after activist investor Elliott Investment Management said it wants executive and board changes. TD Cowen raised its price target on Domino’s Pizza (DPZ) to $430 from $410, with analysts saying they see the pizza chain's upcoming investor day as a "turning point." Yahoo Finance’s Julie Hyman and Josh Lipton break the reports down. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
LAS VEGAS, November 28, 2023--At AWS re:Invent, Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), today announced the next generation of two AWS-designed chip families—AWS Graviton4 and AWS Trainium2—delivering advancements in price performance and energy efficiency for a broad range of customer workloads, including machine learning (ML) training and generative artificial intelligence (AI) applications. Graviton4 and Trainium2 mark the latest innovations in chip design