Tag AMZN
(Reuters) -Companies around the globe have ramped up job cuts, with blue-chips from Amazon to Nestle and UPS reining in spending while consumer sentiment dims and AI-focused tech companies start to replace jobs with automation. According to a Reuters tally, American companies have announced more than 25,000 job cuts this month, not including UPS's 48,000 figure, which dates from the beginning of 2025. With economy-wide numbers on job cuts not available given the U.S. government is in the middle of its second-longest shutdown in history, investors are paying extra attention to these anecdotal stories of layoffs...
Continue Reading
Amazon’s cloud-computing arm plans to invest an additional $5 billion in South Korea over the next six years to build new artificial-intelligence data centers in the country...
Continue ReadingGYEONGJU, South Korea/Seoul (Reuters) -Amazon Web Services will invest at least $5 billion in South Korea by 2031 to build new artificial intelligence data centres, South Korea's presidential office...
Continue ReadingCloud computing and online retail behemoth Amazon (NASDAQ:AMZN) will be reporting earnings this Thursday after market close. Here’s what investors should know...
Continue Reading
Layoffs at companies ranging from Amazon to Target are sending young and experienced workers alike into an unwelcoming market...
Continue ReadingBy Stephen Nellis, Alexandra Alper and Arsheeya Bajwa WASHINGTON (Reuters) -Nvidia CEO Jensen Huang came to Washington on Tuesday with a message for the Trump administration: the U.S. can win the AI...
Continue ReadingUS stock futures made gains with investors eyeing the upcoming Fed policy decision following another record-setting session on Wall Street...
Continue ReadingCompanies reporting earnings Wednesday include Alphabet, Meta, Microsoft, Boeing, Chipotle and Starbucks...
Continue ReadingThe Blackwell processor, Nvidia’s flagship artificial intelligence accelerator, and the newer Rubin model are fueling an unprecedented surge of sales growth through 2026, Huang said Tuesday at a company presentation in Washington. The event — Nvidia’s first GTC conference held in the nation’s capital — highlighted the partnerships that the company is forging across the industry...
Continue ReadingSugar Land, TX, Oct. 28, 2025 (GLOBE NEWSWIRE) -- Woojer, the global leader in immersive haptic audio technology, has announced a strategic partnership with Texas Logistic & Fulfillment Services, one of the most advanced third-party logistics (3PL) providers in the United States. Texas Logistic & Fulfillment Services at work Under the partnership, Texas Logistic & Fulfillment Services will manage quality control (QC), software updates, storage, and nationwide distribution of Woojer’s high-fideli...
Continue Reading