Nasdaq ends losing streak as Nvidia climbs following an Amazon-related deal
NVIDIA gains as it soars on an Amazon deal (according to the article)
Amazon.com, Inc. is an American multinational technology conglomerate engaged in e-commerce, cloud computing, online advertising, digital streaming, entertainment, and artificial intelligence.
Source: Wikipedia (CC BY-SA)NVIDIA gains as it soars on an Amazon deal (according to the article)

Amazon received warrants to purchase up to $340 million of Generac stock as part of a deal to supply backup power generators for Amazon data centers. Generac’s shares surged after the announcement, with initial deliveries valued at about $2.4 billion in 2027–2028. The arrangement involves Generac providing generators and the potential for Amazon’s equity exposure to reach billions depending on vesting and payments.

According to Deadline, Amazon MGM has responded to harassment allegations against Criminal creator Ed Brubaker. After initially not commenting publicly, the studio and all other defendants in the matter spoke loudly, including a reference that “While Noohu’s allegations must be treated as true on demurrer, the evidence ….”
Apple extends free satellite emergency SOS for iPhone 14-16 until Sep 9 Pacific Time, overlapping with Amazon's acquisition of Globalstar to support satellite connectivity for iPhone and Apple Watch. The extension marks a third renewal past the initial two-year promise, with no announced pricing for future periods; Amazon's deal includes using Globalstar's network via its LEO satellites and a new agreement with Apple to support SOS features. The timeline includes Amazon’s $11.57 billion purchase of Globalstar on Apr 14, 2026, and Apple’s $1.5 billion investment in Globalstar in Nov 2024, with roughly $1.1 billion cash and $0.4 billion for about 20% equity.
NVIDIA gains as it soars on an Amazon deal (according to the article)
Apple extends free satellite emergency SOS for iPhone 14-16 until Sep 9 Pacific Time, overlapping with Amazon's acquisition of Globalstar to support satellite connectivity for iPhone and Apple Watch. The extension marks a third renewal past the initial two-year promise, with no announced pricing for future periods; Amazon's deal includes using Globalstar's network via its LEO satellites and a new agreement with Apple to support SOS features. The timeline includes Amazon’s $11.57 billion purchase of Globalstar on Apr 14, 2026, and Apple’s $1.5 billion investment in Globalstar in Nov 2024, with roughly $1.1 billion cash and $0.4 billion for about 20% equity.
Amazon released data showing over 98% of surveyed Chinese sellers use AI tools in running their Amazon stores.
The EU introduced a new processing fee for the import of small packages from foreign online retailers.
Uber and Costco expanded their U.S. Uber Eats partnership to 47 states.
Amazon raises minimum pay for warehouse workers to $20/hour.
Golden Plains Wind Farm will almost double in capacity, from 756 megawatts to 1.3 gigawatts.
Cushman & Wakefield reported that Hyderabad and other emerging markets accounted for 178 megawatts of operational data centre capacity as of 30 June.
Amazon has reported plans to expand same-day fulfillment centers.
Zoox's 100-robotaxi limit in Nevada is set to expire.
Amazon brings the Ring neighborhood watch feature to the United Kingdom.