Amazon's delivery system depends on third-party companies. But labor regulators have challenged that model, possibly opening the way for unionization.
AMZN stock could be considered a value thesis, with forward multiples indicating it is undervalued while offering growth at a reasonable/cheap price. Amazon's impressive fundamentals, wide moats, and diversified revenue streams make it a compelling buy despite short-term economic risks and competition. The company's strong growth in free cash flow and operational improvements highlight its potential for sustained growth and margin expansion.
New pharmacies are coming to 20 more cities, allowing about half the US Amazon Pharmacy customer base access to same-day medication delivery.
Amazon.com Inc.'s ambitious Project Kuiper satellite constellation may have a hefty multibillion-dollar price tag, but it could be set to bring significant benefits to the company, says analyst firm Evercore ISI.
Retailers such as Amazon, Target, Macy's and Bath & Body Works are deploying a reasonable number of seasonal associates to deal with the holiday rush.
Amazon is preparing to roll out technology that uses artificial intelligence and lights to help delivery drivers find the packages they need in their trucks.
Amazon Pharmacy plans to open pharmacies and offer same-day delivery of prescription medications in 20 more U.S. cities in 2025. This move will more than double the number of cities in which the company offers this service and will make same-day delivery of medications available to 45% of the U.S.
Amazon's cash balance is expected to reach almost $400 billion by 2027, far outpacing tech rivals. This cash gusher stems from record profits, cost-cutting, and success in cloud and advertising.
Matt Wood, VP of AI at Amazon Web Services, is leaving after 15 years. Wood's departure comes amid fierce AI competition from Microsoft, Google, and OpenAI.
Amazon has revealed new technology that it says will help delivery drivers avoid organizing packages at stops or manually check to see if they have the right parcel for each delivery.
Amazon.com said it plans to further expand its pharmacy business by more than doubling the number of cities where customers can get same-day delivery of their medications.
Amazon will more than double to 20 the number of cities where its customers can get same day delivery of their prescriptions by opening new pharmacies in these markets.