Amazon.com, Inc. (NASDAQ:AMZN) is one of the safe stocks for beginners to buy in 2026. Reuters reported on June 25 that Amazon.com, Inc. (NASDAQ:AMZN) will invest an additional $13 billion in India by 2030, aimed at expanding its AI and cloud infrastructure. The initiative was announced in addition to the company's planned $35 billion funding, which was announced last year, taking its investment in the country to $48 billion through 2030. Reuters further stated that the announcement came after a meeting between Amazon.com, Inc. (NASDAQ:AMZN) CEO Andy Jassy and Indian Prime Minister Narendra Modi, held in New Delhi on Thursday.
In another development, Reuters reported on June 22 that Amazon.com's (NASDAQ:AMZN) Prime Day, starting on Tuesday, would serve as a "litmus test" to gauge the spending power of U.S. shoppers. The sales event, going live earlier than usual, is centered around household basics, back-to-school needs, and perishable groceries, instead of "carefree splurges". Amazon.com, Inc. (NASDAQ:AMZN) has thus highlighted deals on household goods, groceries, travel, and school items, and fresh food and essentials, which are becoming a significant part of the Prime members' baskets.
Amazon.com, Inc. (NASDAQ:AMZN) provides its customers with a range of products and services. It offers advanced tools for AR and VR developers through its Amazon Web Services (AWS) platform.
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