Analysts said the recent rise in Treasury yields partly reflected investor expectations that A.I.-driven growth could keep interest rates elevated.
Category: Amazon.com Inc
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Jeff Bezos Buys a Piece of Liverpool Football Club
The New York Times – Business:It is the first known investment by Mr. Bezos, one of the world’s richest men, into a sports team.
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Tech Giants’ Profits Reveal Potential Vulnerability in the Stock Market
The New York Times – Business:Investment gains at Alphabet and Amazon reveal a new way in which technology companies’ fortunes are increasingly linked.
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MacKenzie Scott Steps Back Into Spotlight With New Book
The New York Times – Business:She posted four pages of a manuscript on a newly started Substack newsletter on Saturday and said that the novel would be released serially throughout August.
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Neon Buys ‘Artificial,’ a Film About OpenAI, After Amazon Dropped It
The New York Times – Business:Neon purchased “Artificial,” which focuses on OpenAI’s chief, Sam Altman, after Amazon walked away from it following an investment in the start-up.
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Amazon’s Movie Arm Abandons Film About OpenAI
The New York Times – Business:The company, which invested $50 billion in the artificial intelligence start-up this year, will let the team behind the film, “Artificial,” try to sell the project to another studio.
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Jeff Bezos Praises Trump’s Second Term as ‘More Mature’
The New York Times – Business:The Amazon founder and owner of The Washington Post also rejected the idea that he has made changes at his companies to gain favor with the president.
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Amazon E-Bikes Take Root in Manhattan and Brooklyn
The New York Times – Business:Small companies that handle the final delivery are relying on them to skirt New York City traffic. Amazon plans to try the bikes elsewhere, too.
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TrumpRx Adds Generic Drugs, With Mark Cuban, GoodRx and Amazon
The New York Times – Business:President Trump announced the addition of 600 medicines to his online drugstore as he appeals to Americans concerned about high drug prices and affordability.
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YouTube Plays Matchmaker for Sponsors and Stars
The New York Times – Business:The company is trying to help streaming influencers, who are increasingly being wooed by competitors like Netflix and TikTok.