11:19 AM EST, 11/24/2025 (MT Newswires) -- Amazon.com ( AMZN ) said Monday it will invest up to $50 billion to expand Amazon Web Services' artificial intelligence and supercomputing capabilities for its US government customers. The investment, which is set to commence in 2026, will add almost 1.3 gigawatts of AI and supercomputing capacity across AWS Top Secret, AWS Secret...

11:19 AM EST, 11/24/2025 (MT Newswires) -- (Updates to include a statement from Amazon ( AMZN ) in the fourth paragraph.) Two Amazon.com ( AMZN ) sites in Italy were raided by Italian authorities over alleged smuggling of Chinese goods, Reuters reported Monday, citing three sources familiar with the matter. Guardia di Finanza tax police and customs agency officers seized...

11:18 AM EST, 11/24/2025 (MT Newswires) -- Carvana's ( CVNA ) recent share pullback is overdone and investors should take advantage of the used car retailer's relative weakness, Wedbush Securities said in a note Monday. Shares of the company were down about 13% in the last month, prompted by the underwhelming near-term performance of closest rival Carmax (KMX) as well...

11:21 AM EST, 11/24/2025 (MT Newswires) -- (Updates with UPS comment in the fourth paragraph.) United Parcel Service ( UPS ) and FedEx ( FDX ) are seeking to secure additional freighters for the holiday season amid an indefinite grounding of MD-11 jets, Bloomberg reported Sunday. The Federal Aviation Administration grounded 167 MD-11 aircraft after a fatal crash in November,...