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Stay informed with the latest market news and analysis about AMZN
2024-11-22
Amazon Invests $4 Billion in Anthropic, Deepening Its A.I. Ties
Nov 22, 2024, 10:45 AM
Since last September, the tech giant has pumped $8 billion into the artificial intelligence start-up, a sign of intense competition in developing tools that are reshaping the tech sector.
2024-11-21
Elon Musk and Jeff Bezos Exchange Posts About Trump on X
Nov 21, 2024, 7:41 PM
The world’s two richest men are longtime business rivals, but now one of them has the ear of the next president of the United States.
CFPB expands oversight of digital payments services including Apple Pay, Cash App, PayPal and Zelle
Nov 21, 2024, 8:58 AM
The most popular apps covered by the rule collectively process more than 13 billion consumer payments a year, the CFPB said.
2024-11-19
Robots Struggle to Match Warehouse Workers on ‘Really Hard’ Jobs
Nov 19, 2024, 3:00 AM
The machines can load and unload trucks, move goods and do other repetitive tasks but are stymied by some, like picking items from a pile.
2024-11-18
Warning retail job cuts ‘inevitable’ after NI tax rise in Budget
Nov 18, 2024, 7:24 PM
Retail firms have written to the chancellor to say they cannot manage rising costs and tax bills.
2024-11-17
The holidays are coming and experts say Americans will be opening their wallets
Nov 17, 2024, 9:48 AM
Americans plan to spend more on holiday shopping this year than they did last year.
2024-11-14
Amazon launches Temu and Shein rival with 'crazy low' prices
Nov 14, 2024, 6:12 AM
The price of products on Haul, which is being trialled in the US, will be capped at $20.
Trump’s second term will have enormous implications for Big Tech. Here's why.
Nov 13, 2024, 3:00 PM
When President-elect Trump takes office in January, he'll be forced to tackle a slew of major tech policy questions.
2024-11-13
Amazon launches an online discount storefront to better compete with Shein and Temu
Nov 13, 2024, 2:17 PM
Amazon has launched a low-cost online storefront featuring electronics, apparel and other products priced at under $20, an effort to compete with discount retailers that have increasingly encroached on the e-commerce giant's turf. In a blog post on Wednesday, the company said the new Amazon Haul storefront will mostly feature products that cost less than $10 and offer free delivery on orders over $25. Amazon plans to ship the products to U.S. customers from a warehouse it operates in China, according to documentation the company provided to sellers.
NLRB Bars Mandatory Anti-Union Meetings After Amazon Draws Complaint
Nov 13, 2024, 2:43 PM
The ruling, stemming from a complaint against Amazon, bars companies from compelling workers to attend meetings on unionization’s downsides.
2024-11-10
Trump Is Expected to Upend Biden Labor Policies Favoring Unions
Nov 10, 2024, 5:03 AM
After gains by organized labor under President Biden, a second Trump administration is likely to change course on regulation and enforcement.
Health issues are affecting a worker’s performance. But is the real problem her supervisor’s handling of the situation?
2024-11-07
Washington Post Employees Ordered Back to Office 5 Days a Week
Nov 7, 2024, 5:30 PM
All employees at The Post will be expected to return to the office by June 2. Managers must be back in the office full time by Feb. 3.
Stock market today: S&P 500, Nasdaq hit records as Fed cuts rates, post-election rally rolls on
Nov 7, 2024, 4:06 PM
Investors are digesting a fresh interest rate cut from the Federal Reserve as the impact of Trump's expected policies also remains in focus.
Stock market today: Fed cuts rates, Nasdaq surges as Nvidia and Amazon lead tech rally
Nov 7, 2024, 2:20 PM
Investors are digesting a fresh interest rate cut from the Federal Reserve as the impact of Trump's expected policies also remains in focus.
Stock market today: Nasdaq surges as Nvidia, Amazon lead tech rally ahead of Fed decision
Nov 7, 2024, 11:52 AM
Investors are drilling down into the impact of Trump's expected policies as they wait for a Fed interest-rate decision.
Stock market today: Nasdaq surges as Nvidia, Amazon lead tech rally ahead of Fed decision
Nov 7, 2024, 11:21 AM
Investors are drilling down into the impact of Trump's expected policies as they wait for a Fed interest-rate decision.
Under Trump, Tech Giants Like Apple and Meta Face a Familiar Uncertainty
Nov 7, 2024, 5:04 AM
Apple, Amazon, Google, Meta and others learned during the last Trump administration to expect the unexpected when it came to Washington scrutiny and support.
2024-11-01
Stock market today: Nasdaq, S&P 500 rebound as Amazon surges, market shrugs off jobs data
Nov 1, 2024, 2:59 PM
Markets are taking a big miss in the monthly jobs report in their stride as they welcome Amazon and Intel's results.
Stock market today: Nasdaq, S&P 500 rebound amid Amazon cheer, jobs report
Nov 1, 2024, 11:00 AM
Markets are taking a big miss in the monthly jobs report in their stride as they welcome Amazon and Intel's results.
Stock market today: Nasdaq, S&P 500 poised for rebound amid Amazon cheer, jobs report
Nov 1, 2024, 8:49 AM
Upbeat earnings from Amazon are lifting the mood ahead of the crucial monthly jobs report.
Stock market today: Nasdaq, S&P 500 poised for rebound amid Amazon cheer, but jobs report looms
Nov 1, 2024, 7:54 AM
Upbeat earnings from Amazon are lifting the mood ahead of the crucial monthly jobs report.
2024-10-31
Nasdaq 100 futures rise as investors parse latest tech earnings, await jobs data: Live updates
Oct 31, 2024, 6:02 PM
The three major indexes finished Thursday and October's trading month in the red.
Amazon Reports Record $15.3 Billion Profit
Oct 31, 2024, 4:51 PM
The tech giant’s cloud computing business picked up steam and its retail business showed resiliency.
Amazon stock pops after Q3 earnings beat
Oct 31, 2024, 4:14 PM
Amazon reported third quarter earnings on Thursday amid a volatile week for big tech stocks.
Stock market today: Nasdaq, S&P 500 futures sink as Meta, Microsoft revive Big Tech's AI spending worries
Oct 31, 2024, 7:41 AM
Meta and Microsoft earnings have stirred up worries about AI and Big Tech, as a Fed-favored reading on inflation looms.
Big Tech's AI splurge worries investors about returns ahead of Amazon results
Oct 31, 2024, 5:49 AM
(Reuters) -Big technology companies including Microsoft and Meta are stepping up spending to build out AI data centers in a rush to meet vast demand, but Wall Street is hungry for a quicker payday on the billions invested. Microsoft and Meta both said on Wednesday their capital expenses were growing due to their AI investments. Amazon, which is set to report results on Thursday, is likely to echo these forecasts.
2024-10-30
Jeff Bezos, Elon Musk and the Billions of Ways to Influence an Election
Oct 30, 2024, 11:42 AM
The world’s richest men have their own rocket fleets, their own media and their own schemes to succeed with Donald J. Trump.
2024-10-27
Bezos Was Expected to Make a Splash in Washington. But He Never Arrived.
Oct 27, 2024, 1:43 PM
The billionaire made splashy purchases of The Washington Post and a mansion in Washington. But his status as a power player in the nation’s capital was never realized.
Big Tech investments reignite debate over advanced nuclear reactors
Oct 27, 2024, 9:31 AM
As major tech firms, including Google and Amazon, turn to advanced nuclear technologies known as small modular reactors (SMRs) in hopes of powering their AI ambitions, skeptics are raising questions about their viability, largely because no commercial SMR has been built in the US yet.
2024-10-25
Firms must prevent sexual harassment at work under new law
Apr 18, 2023, 7:01 PM
What counts as sexual harassment and what should you do if you experience it at work?
2024-10-23
Government mulls giving unions twice as long to strike
Oct 23, 2024, 2:26 PM
A document produced by the government says the mandate to strike could be extended to a year from six months.
2024-10-17
Amazon Enters News With Live Election Coverage From Brian Williams
Oct 17, 2024, 1:42 PM
The tech giant has been increasing live programming on its streaming service, but this will be its first test with news.
2024-10-16
US 'click to cancel' rule to tackle subscription traps
Oct 16, 2024, 10:17 PM
New rule requires businesses to make subscribing and cancelling subscriptions equally simple.
2024-10-15
Holiday spending projected to hit new record this year
Oct 15, 2024, 2:50 PM
The largest retail trade group in the U.S. expects holiday spending to grow modestly despite a shortened shopping period and economic toll from two hurricanes.
Holiday Sales Growth Expected to Normalize to Prepandemic Levels
Oct 15, 2024, 1:34 PM
Despite shoppers’ election-year concerns and worries about the economy, retail executives predict sales to increase as much as 3.5 percent over last year’s holiday season.
2024-10-12
How Amazon changes local economies when it moves in
Oct 12, 2024, 12:00 PM
At the company’s Delivering the Future event held this week in Nashville, Amazon highlighted its presence in Music City.
Executives and Research Disagree About Hybrid Work’s Value. Why?
Oct 12, 2024, 8:00 AM
Companies like Amazon have required a return to the office five days a week despite findings showing benefits to employers that allow some remote days.
2024-10-11
‘Barron’s Roundtable’ panelists Jack Hough, Al Root and Megan Leonhardt discuss the top three headlines of the week.
Evercore ISI senior managing director Mark Mahaney analyzes Amazon and discusses the potential breakup of Google on 'Varney & Co.'
2024-10-10
Amazon Could Be Forced to Treat Drivers as Employees
Oct 10, 2024, 5:01 AM
Amazon’s delivery system depends on third-party companies. But labor regulators have challenged that model, possibly opening the way for unionization.
2024-10-07
Amazon stock sinks as Wells Fargo downgrades shares
Oct 7, 2024, 4:09 PM
Amazon stock dropped amid a downgrade from Overweight to Equal Weight by Wells Fargo. Wells Fargo said Monday that Amazon's strength in the cloud services market won’t be enough to stave off hurdles: rising competition from Walmart, easing income from its advertising business, and high costs linked to its satellite project.
Stock market today: Dow tumbles 400 points, tech rout leads Nasdaq, S&P 500 lower as 10-year yield tops 4%
Oct 7, 2024, 4:04 PM
Investors have overhauled their views on interest rate cuts after a blowout jobs report, ahead of a week of key inflation data and the start of earnings season.
S&P’s $8 Trillion Rally Will Be Tested by Tricky Earnings Season
Oct 6, 2024, 9:00 AM
(Bloomberg) -- Traders are staring down a series of risks after the stock market’s torrid start to the year, from economic fear, to interest rate uncertainty, to election angst. But perhaps the most important variable for whether equities can keep rolling returns to the spotlight this week: corporate earnings.Most Read from BloombergSingapore Ends 181 Years of Horse Racing to Make Way for HomesFrom Cleveland to Chicago, NFL Teams Dream of Domed StadiumsWhat Do US Vehicle Regulators Have Against
2024-10-04
Ports Rush to Reopen After Dockworker Strike Is Suspended
Oct 4, 2024, 4:16 PM
Days after tens of thousands of longshoreman along the East and Gulf Coasts walked out, their union and their bosses reached a tentative agreement on wages.
2024-10-02
Payne Capital Management President Ryan Payne and Bullseye American Ingenuity Fund portfolio manager Adam Johnson discuss Iranian oil, Chinese stocks, key market issues for the fourth quarter and anticipated jobs data.
2024-09-30
Port Strike on the East and Gulf Coasts: What to Know
Sep 30, 2024, 5:05 AM
Thousands of dockworkers who load and unload cargo ships could walk off the job on Tuesday, halting nearly all activity at ports from Maine to Texas.
2024-09-29
Newsom vetoes US's first bill aimed at regulating large-scale artificial intelligence
Sep 29, 2024, 4:35 PM
Governor Gavin Newsom vetoed California's controversial AI bill, SB 1047, that would hold companies liable for harm done by large artificial intelligence systems.
2024-09-26
Amazon's AI strategy is set to deliver a chip advantage: Morning Brief
Sep 26, 2024, 6:00 AM
Risks to rivals Microsoft and Google have made Amazon more attractive to investors.
2024-09-25
Buy now, pay later discounts drive holiday spending
Sep 25, 2024, 8:01 AM
Online sales during the 2024 holiday shopping season is expected to surpass last year, notching $240.8 billion. This increase is largely due to buy now, pay later services and discounts.
2024-09-23
Will A.I. Be a Bust? A Wall Street Skeptic Rings the Alarm.
Sep 23, 2024, 11:10 AM
Jim Covello, Goldman Sachs’s head of stock research, warned that building too much of what the world doesn’t need “typically ends badly.”
Union boss questions Amazon's public contracts
Sep 23, 2024, 8:45 AM
GMB general secretary Gary Smith accuses the online giant of using "despicable" tactics.
2024-09-21
Amazon and UK government at odds over working from home - who is right?
Sep 21, 2024, 7:51 PM
Amazon is ordering its staff back to the office five days a week, but the UK government is promoting flexible working.
2024-09-20
Former Amazon engineer says company's 5-day return-to-work policy causes employees to rethink jobs
Sep 20, 2024, 9:00 AM
An Amazon engineer left in the midst of the company forcing employees to go back to the office. He was four hours away and didn't want to relocate. He doesn't think he will be alone.
Former Amazon engineer says company's 5-day return to work causes employees to rethink jobs
Sep 20, 2024, 9:00 AM
An Amazon engineer left in the midst of the company forcing employees to go back to the office. He was four hours away and didn't want to relocate. He doesn't think he will be alone.
Kamala Harris' tax plan could cost US nearly 800K jobs
Sep 20, 2024, 6:00 AM
Vice President Harris' tax plan would create disincentives for work and investment that would cost the U.S. economy nearly 800,000 jobs, a Tax Foundation analysis found.
2024-09-19
Amazon Joins Motion Picture Association
Sep 19, 2024, 9:00 AM
The Motion Picture Association has been wooing the company for years. The addition gives the group a lot more muscle.
2024-09-17
Working from home boosts productivity, Jonathan Reynolds says
Sep 17, 2024, 7:21 AM
Firms should "judge people on outcomes, not presenteeism", Jonathan Reynolds insists.
2024-09-14
Amazon Sought Tariff Loophole Used by Chinese Rivals. Now Biden Is Closing It.
Sep 14, 2024, 5:03 AM
Under pressure from Chinese competitors, Amazon, Walmart and other U.S. retailers have been exploring ways to avoid tariffs. Could a new Biden administration rule change that?
2024-09-12
Here's the deflation breakdown for August 2024 — in one chart
Sep 12, 2024, 12:21 PM
Consumer prices are falling in pockets of the U.S. economy, in categories such as cars, household furniture and certain groceries.
2024-09-11
When Self-Driving Cars Don’t Actually Drive Themselves
Sep 11, 2024, 5:03 AM
An immersive article shows readers what a New York Times reporter has tracked for nearly a decade: Robot taxis still need human help.
UK economy fails to grow in July
Sep 11, 2024, 2:05 AM
Rachel Reeves says tough choices will have to be made over tax, spending and welfare.
2024-09-10
Clash of the titans: Google and US attorneys kick off ad tech trial with clash over defining the market
Sep 10, 2024, 4:00 PM
Are the technologies that power online advertising all part of one giant market, or are there distinct markets within the multibillion-dollar industry? The answer is critical to Google's defense in an antitrust case.
2024-09-05
S&P 500 risks 5% earnings hit from Harris's tax plan: GS
Sep 5, 2024, 2:21 AM
(Reuters) -Democratic presidential candidate Kamala Harris' proposed corporate tax hike could reduce S&P 500 company earnings by about 5%, with additional taxes potentially hitting profits harder, Goldman Sachs analysts said. Last month, Vice President Harris outlined plans to raise the corporate tax rate to 28% from 21%, in order to ensure "big corporations pay their fair share." Goldman analysts said in a note late on Wednesday that at a 28% taxation rate, they estimate earnings of S&P 500 companies would take a 5% hit.
2024-08-28
Podcasting Experience Helps Kelce Brothers Secure ‘New Heights’ Deal
Aug 28, 2024, 1:20 PM
After partnerships with famous names fizzled in previous years, podcast companies are paying stars — like Travis and Jason Kelce — with a proven track record as hosts.
2024-08-26
Big Tech companies are striking major power-generation deals as they attempt to balance AI energy needs and sustainability goals.