Meanwhile, the Financial Times discovered several TikTok users marketing products that breach the policies set by its parent company, ByteDance, such as weight loss teas and prescription medications. Amazon is amid multiple initiatives, including designing custom microchips for AWS' generative AI training, enhancing Buy Now, Pay Later (BNPL) offerings, logistics and delivery mechanism restructuring, and a grocery business overhaul to drive shareholder value. Price Action: AMZN shares traded higher by 0.04% at $134.98 premarket on the last check Wednesday.