Amazon.com Inc (AMZN)
Amazon Will Have to Raise Prices Soon
Two things happened recently. One appears to be a rumor but might be correct.
Best Gig Economy Stocks to Monitor Amid its Growing Popularity
The gig economy offers multiple advantages. If you wish to make the most of this rising trend, focusing on stocks like AMZN, LYFT and ANGI appears prudent.
Baron Opportunity Fund Q1 2025 Top Contributors And Detractors
xAI Holdings led performance, driven by rapid AI innovation, Grok 3 launch, and the strategic acquisition of X, enhancing data access and integration. Spotify delivered strong results with margin expansion, robust user growth despite price hikes, and record free cash flow, positioning it as a long-term streaming leader. Nvidia, Tesla, and Broadcom detracted due to market skepticism and macro concerns, but we remain confident in their long-term AI-driven growth prospects.
Amazon lays off about 100 employees in devices and services unit
Amazon is eliminating roughly 100 jobs in its sprawling devices and services unit. The company has laid off about 27,000 employees since the beginning of 2022, and continues to look for places to cut.
Exclusive: Amazon trims jobs in devices and services unit
Amazon on Wednesday cut about 100 jobs in its devices and services unit, the group overseeing development of such diverse products as the Kindle, Echo speakers, Alexa voice assistant and Zoox self-driving cars.
3 Technology Stocks That Are Great Buys This May
Key Points Tarrifs, President Trump's visit to Saudi Arabia and global uncertainty has had a huge impact on tech stocks this week.
Amazon sees warehouse robots 'flattening' its hiring curve, according to internal document
Amazon has a growing fleet of warehouse robots to enhance safety and efficiency. In an internal document, Amazon said these robots are critical to flattening its hiring curve.
Video podcasts are having a moment at media upfronts
Media companies are highlighting podcasts in their conversations with advertisers, including their annual pitches at Upfront presentations. While the main avenue for video podcasts is YouTube, the free, ad supported streamers are also bulking up on the content, providing more opportunities for advertisers to get in the mix.
Amazon's new robot has a sense of touch, but it's not here to replace humans
Amazon has just unveiled its newest warehouse robot called Vulcan, which has a "sense of touch." Designed to gently stow items using pressure-sensitive gripping and artificial intelligence (AI), Vulcan is now being tested in two Amazon facilities, in Spokane, Washington state, US, and Hamburg, Germany.
Why Amazon May Never Dip Below $200 Again
Tech giant Amazon.com Inc's NASDAQ: AMZN shares surged 8% on Monday, hitting their highest level since March and continuing a sharp rebound off the April lows. The stock is now up nearly 30% in just a few weeks and has reclaimed the $200 level—a threshold that's quickly looking like it may become a permanent floor.
US-China Talks Spark Optimism; Betting Markets See Recession Odds Drop
A surprising thaw in US-China trade relations sparked significant optimism on Wall Street Monday. This positive development, coupled with lower recession odds, sets up a bullish long-term outlook for investors.
Amazon says 130 million U.S. customers are watching Prime Video with ads
Amazon on Monday said its Prime Video streaming service with ads reaches more than 130 million U.S. customers monthly on average, an increase of 15 million people from 2024.
