Amazon

Amazon.com Inc’s (NASDAQ:AMZN) third-quarter earnings report sent its stock soaring more than 7% as the e-commerce behemoth delivered a beat on EPS and revenue figures. The company reported 13% year-over-year growth in revenue at to $143.1 billion, versus the consensus estimate of $141.42...

Under the watchful eye of CEO Andy Jassy, Amazon Inc. (NASDAQ:AMZN) has seen its profit margins nearing record highs. Jassy, who began his role as CEO in mid-2021, has been resolute in his efforts to reduce costs across the company, reported CNBC. Over the past year, he has...

Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOG)-owned Google’s senior executive, Prabhakar Raghavan, has expressed concerns over user loss to Amazon Inc. (NASDAQ:AMZN) and ByteDance-owned TikTok, saying that it keeps him awake at night, during his testimony...

U.S. stocks traded lower toward the end of trading, with the Nasdaq Composite falling more than 1.7% on Thursday to 12,595.60. The Dow traded down 0.76% to 32,784.30. The S&P 500 also experienced a decline, dropping 1.18% to 4,137.23. These are the top stocks that gained the attention of retail...

U.S. stocks showcased a downward trend as trading neared its end on Wednesday. The Dow Jones index witnessed a decline of over 100 points, marking a 0.32% drop to 33,035.93. Meanwhile, the NASDAQ took a steeper plunge, falling by 2.43% to 12,821.22. The S&P 500 wasn’t far behind,...

An employee at Amazon Inc. (NASDAQ:AMZN) reportedly exploited over $350,000 in fraudulent expenses during the company’s virtual induction events, According to a Forbes report, during a period when Amazon’s ‘Escape Velocity’ induction events for new executives took...

U.S. stocks showcased a positive momentum on Tuesday. The Dow Jones index surged, marking an increase of over 200 points or 0.62% to 33,141.38. The NASDAQ and the S&P 500 indices also followed suit, with the former rising by 0.93% to 13,139.87 and the latter gaining 0.73% to settle at 4,247.68...

Following Brexit and the Covid-19 pandemic, the U.K. economy was expected to shrink. And it did. However, major investment firms haven't given up on London. For example, Andreessen Horowitz picked London as its international base. “This is a win for us,” said London & Partners...

Amazon has updated its office attendance guidelines, empowering managers to take disciplinary action, including termination, against employees who do not adhere to the company's in-office policy. What Happened: Under the new guidelines, Amazon expects employees to be physically present in...

Alphabet Inc. and Meta Platforms Inc. have reportedly withdrawn their participation from the upcoming Web Summit conference due to the controversy surrounding comments made by the event's CEO regarding Israel.  This move follows similar actions by other tech giants and...

Sen. Amy Klobuchar (D-Minn.) and Rep. Joseph Morelle (D-N.Y.) sent a letter to Amazon Inc.’s (NASDAQ:AMZN) founder and former CEO Jeff Bezos, expressing their “serious concern” over Alexa’s role in spreading election misinformation. What Happened: The concerns stem from a...

Since Amazon.com Inc. built its first multistory warehouse in Seattle five years ago, the concept of vertical logistics centers has taken off in the U.S. Built by San Francisco-based Prologis Inc., Georgetown Crossroads is a three-story 590,000-square-foot warehouse that features truck ramps...

Amazon.com Inc. (NASDAQ:AMZN) founder Jeff Bezos has an entertaining side to him – he likes, or at least likes to, review the products he bought on his own website. What Happened: Bezos' old reviews on Amazon have surfaced, with some of these reviews being so entertaining that they have now gone...

English author, filmmaker, and prankster Oobah Butler used Amazon.com Inc. (NASDAQ:AMZN) to create a top-selling energy drink on the platform using discarded urine bottles allegedly from Amazon delivery drivers. What Happened: Butler collected urine-filled bottles from Amazon fulfillment centers...

Amazon (NASDAQ:AMZN) has updated its return-to-office policy, allowing managers to terminate employees who don’t adhere to the company’s thrice-a-week office attendance requirement, The new guidelines, shared internally this week, instruct managers to first privately discuss non-...