Tag AMZN

MercadoLibre (NASDAQ: MELI) has been an outlier lately in the e-commerce industry as it consistently delivers outstanding results despite the headwinds brought on by global economies reopening. In contrast, other e-commerce companies like Amazon and Etsy have encountered varying degrees of challenges. The stock price has similarly outperformed, surging nearly 50% year to date...

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The United Auto Workers strike against the Big Three automakers — Ford (F), General Motors (GM), and Stellantis (STLA) — will not expand, as union president Shawn Fain announced that GM will put its EV battery plants under the main UAW agreement. Starting next year, electric vehicle buyers will be able to get the EV tax credit under the Inflation Reduction Act off the sticker price at the dealership, instead of waiting to receive the tax returns. Buyers are able to receive $7,500 off for new EVs or $4,000 off for used EVs. Amazon (AMZN) has joined the space race, launching its first satellite. Yahoo Finance's Julie Hyman breaks down some of the top stories of the day. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live...

Amazon.com first satellites blasted into orbit, moving the e-commerce company closer to a satellite-internet business that could compete with SpaceX and other rivals. The technology giant expects the mission to demonstrate how the satellites perform in space while testing other systems. Amazon in 2019 unveiled plans for a satellite network called Project Kuiper and has said it would invest $10 billion to build it up...

The Federal Trade Commission's recently unveiled lawsuit against Amazon has upended its stock, but the market may be reading too much into it...

Marketplaces like Sprouts, Trader Joe's, Wegman's, and Whole Foods have such loyal followings because they cater to a very specific audience often willing to fork over a little extra cash to get quality food with organic and healthful ingredients they can trust. Perhaps the most successful model has been Whole Foods, which was acquired by Amazon for over $13 billion in 2017. With over 500 locations, it rose to popularity by gaining customer trust...