Amazon will close all of its Amazon Fresh and Amazon Go stores. Bloomberg's Ed Ludlow reports.
The e-commerce giant said Tuesday it would convert some locations into Whole Foods Market stores.
Amazon plans to close its Fresh supermarkets and Go convenience marts, and convert some locations into Whole Foods stores. In this article AMZN
My updated Combined High-Yield Portfolio delivers a 21.04% average TTM yield, consistently outperforming SPY in total return across multiple periods. I emphasize a blend of high-yield ETFs—BANK:CA, UTES:CA, AMZP, NVHE.U, and NVII—balancing dividend growth, sector resilience, and global diversification. Covered call strategies on mega-cap growth stocks like AMZN and NVDA underpin both yield and sustainability, with selective exposure to Canadian financials and utilities.
Amazon.com, Inc. retains a Strong Buy rating, driven by robust AWS growth, advertising expansion, and retail margin improvements. AMZN Q3 2025 revenue rose 13.4% to ~$180B, with gross margin expanding to 50.8% and net income up 38% to $21.1B, though boosted by investment gains. AWS's 20% growth and aggressive AI infrastructure investment position AMZN for significant long-term operating income, despite near-term CapEx concerns.
Shares of Amazon (NASDAQ:AMZN) are up 0.5% this week, but retail investor sentiment tells a darker story.
Amazon is making a bold move to try to transfer its e-commerce dominance into physical retail. Even as roughly 80% of retail still happens in physical stores, Amazon remains a small player in one of the country's biggest and most essential retail categories: grocery, which is rapidly approaching a $1 trillion business.
The average of price targets set by Wall Street analysts indicates a potential upside of 25.9% in Amazon (AMZN). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Reuters reports that Amazon.com Inc. (NASDAQ: AMZN), a giant in the AI industry, is about to lay off 15,000 corporate employees.
Amazon.com Inc. (NASDAQ: AMZN) has been one of the stock market's biggest success stories ever.
Amazon.com workers are bracing for another round of massive job cuts, with the company reportedly expected to announce those cuts as soon as next week.