Amazon's Prime Big Deal Days Drive $9.86B in U.S. Online Sales,

IREN Ltd. (IREN) stock surged after Anthropic reportedly signed a multi-year cloud contract, adding to its growing customer base. Anthropic aims to expand AI computing capacity significantly, with IREN benefiting from faster data-center deployment. Analysts upgraded IREN, citing rising AI demand and higher contract pricing, with price targets up to $80. IREN shares rose 4.46% premarket.

Amazon is reportedly in talks to acquire AI startup Decart for approximately $7 billion, according to the Wall Street Journal. Decart specializes in AI models for video editing and simulation, which could support Amazon's AWS and robotics initiatives. Amazon's stock has risen 9% over the past six months, with a current price target of $332. The company declined to comment, and Decart did not respond to requests for comment.

Amazon (AMZN) is reportedly considering a $7 billion acquisition of AI company Decart, founded in 2023. Decart's software enables AI models to operate on various processors, complementing Amazon's AI chip efforts. Amazon is Decart's largest customer, using its tech across Twitch, online shopping, and media. Decart was valued at $4 billion in May. Investors will watch for deal confirmation and its impact on AWS's AI ecosystem.

Amazon (AMZN) is reportedly in talks to acquire AI startup Decart for approximately $7 billion, according to The Wall Street Journal. Decart's software enables workload management across AI chips and creates 3D simulated environments. The deal, if finalized, would be higher than Decart's $4 billion valuation in May. Amazon is expanding its AI chip program, including Trainium3, and had given Decart early access to the chip in 2025.

Adobe reported $9.86B in U.S. online sales during Amazon's Prime Big Deal Days, up 8.5% YoY. Discounts drove demand, with spending on high-end items up 21%. Top categories included toys, video games, electronics, and personal care. Over a third of shoppers completed half of their holiday shopping during the event.

Amazon is in talks to acquire AI startup Decart for $7B, according to The Wall Street Journal. Decart, founded in 2023, develops AI tech for real-time video editing. The deal, if completed, would be one of Amazon's largest acquisitions and a major exit for Israel's tech industry. Decart was previously valued at $4B in 2026 and has raised over $400M from investors. Amazon has a prior tech relationship with Decart, providing early access to its AI chips.