KidKraft, a toy company that specializes in child-sized dollhouses and backyard playhouses, has teamed up with Amazon.com Inc.'s (NAS:AMZN) cloud-based voice service Alexa for the Alexa 2-in-1 Kitchen and Market. Alexa will help children cook meals, play games and checkout at the grocery store in the toy kitchen, which has a stovetop, cutting board, food, and cookware equipped with RFID (radio-frequency identification). The kitchen and market makes sounds and interacts with children and their parents while playing. The item will be available exclusively on the Amazon site. Amazon stock has rallied 32.5% over the past year, outpacing the S&P 500 index (S&P:SPX) , which is up 20.8% for the period.
Feb. 20, 2020, 1:35 p.m. EST