Amazon is best known for its e-commerce business, but in recent years, it has also made a big push into healthcare. The company's Amazon Pharmacy (AMZN) delivers prescriptions to customers' doors. It also offers automatic coupons so that customers don't have to hunt around for cost savings, with Amazon saying customers have saved more than $9 million through the program so far. As part of Yahoo Finance's Healthcare Week, Amazon Pharmacy Chief Medical Officer Dr. Vin Gupta tells Anjalee Khemlani that the service helps "address the biggest problem in healthcare, which is patient information, patient awareness of services, of products that can actually result in lower costs to them for their prescription medications." Yahoo Finance will be providing more analysis on the healthcare industry in its week-long special Healthcare: Industry Checkup. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live...
Continue ReadingIn this daily bar chart of AMZN, below, I can see that prices have moved sideways the past five months but they have also oscillated with wider price action - higher highs into November and lower lows into October. The daily On-Balance-Volume (OBV) line has moved higher with an up and down pattern. The weekly OBV line shows a rise and the MACD oscillator is crossing to the upside for a new buy signal...
Continue ReadingAmazon.com is eliminating “several hundred” positions related to its Alexa smart assistant, the company said in a memo to employees. The ecommerce company on Friday said it is shifting some of its efforts toward generative AI to better align with its business priorities. Amazon is offering severance packages that include a separation payment, transitional health insurance benefits, and paid time to conduct job searches...
Continue ReadingAmazon.com has cut more employees, this time in its Alexa division, as the tech company works to bring down costs. Amazon (ticker: AMZN) said Friday in a memo to employees that was sent to Barron’s that it was eliminating “several hundred roles” in its Alexa division as it shifts to focus more on generative artificial intelligence. “We’re shifting some of our efforts to better align with our business priorities, and what we know matters most to customers—which includes maximizing our resources and efforts focused on generative AI,” the memo said...
Continue ReadingAmazon is once again doubling down on its return-to-office mandate, warning staff that not complying with it could impact their chances of being promoted...
Continue ReadingDoes Amazon (AMZN) have what it takes to be a top stock pick for momentum investors? Let's find out...
Continue ReadingE-commerce giant Amazon said Hyundai will be the first vehicle brand available for purchase but did not say when it would include additional automakers...
Continue ReadingIn case you hadn't noticed, Amazon is in the business of figuring out what you need and want before you do. Chances are Amazon is not-so-subtly promoting related products that you'd been meaning to add to your cart for a while now. The e-commerce giant is constantly working out products and partnerships that might better serve you before you even identify the gap yourself...
Continue ReadingBest Buy's 5% dividend yield makes this a tempting buy for income. However, I would not recommend starting a position here. Explore more details here...
Continue ReadingAutomakers across the spectrum are grappling with a reduction in consumer demand regarding electric vehicles, even as EV sales steadily tick up. While none are ignoring the transition to electrification, just about every legacy automaker is treading cautiously. Ford and General Motors have both pulled back on EV investments and postponed the production of new EVs...
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