Tag AMZN

"[Amazon Web Services (AWS)] not only has the broadest array of storage, database, analytics, and data management services for customers, it also has more customers and data stored than anybody else," Amazon CEO Andy Jassy said during the company's earnings call on Aug. 3. As the leading cloud platform, AWS stands to benefit from the soaring demand for computing power for AI services. AWS is already a massive business that's on track to generate over $88 billion in annual revenue...

Most of the week's higher profile macro comes later in the week from this morning's July ADP print through July personal income, and more...

Amazon is far more than the e-commerce company many know it as, and this business shift should reward shareholders handsomely over the long run. As mentioned before, Amazon has expanded beyond its e-commerce roots. As you can see, Amazon's biggest and most prominent segment, online stores, isn't growing that fast...

Coupang (NYSE: CPNG) is occasionally referred to as the Amazon of South Korea thanks to the similarities it shares with the famous e-commerce giant's retail business. While many companies around the globe try to claim that comparison, Coupang is perhaps the most similar in terms of its actual operations and its management team's approach to investing for the future. Like Amazon, Coupang sells a wide variety of both owned products and items from third-party merchants...

The early days of the pandemic weighed heavily on Carnival (NYSE: CCL) (NYSE: CUK), crushing earnings and driving debt higher. Demand for Carnival's cruises is strong, revenue has reached record levels, and the company has progressed on paying down debt. The company reported record second-quarter revenue of $4.9 billion and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) at the high end of guidance...

A look at share prices in 2023 suggests the market is once again hot for tech stocks. The elevated interest in the potential of artificial intelligence opened additional opportunities for companies like Amazon and Alphabet to enhance their offerings, setting the stage for more top- and bottom-line growth. Align Technology (NASDAQ: ALGN), known for making clear teeth aligners under the Invisalign brand, got a big bump from increased bullishness and the stock price is up nearly 75%...

The chief executive of Amazon has warned staff who work from home that “it’s probably not going to work out”...

Amazon employees have been pushing back against the company’s return-to-office policy for months — and it seems CEO Andy Jassy has had enough. During a pre-recorded internal Q&A session earlier this month, Jassy told employees it was “past the time to disagree and commit” with the policy, which requires corporate employees to be in the office three days a week. The phrase “disagree and commit” is one of Amazon’s leadership principles, and was used often by the company’s founder and current executive chairman, Jeff Bezos...

Movies such as Dune: Part Two, Challengers, and White Bird are seeing their releases delayed due to the ongoing strikes in Hollywood. Milken Institute Chief Global Strategist Kevin Klowden estimates that the economy will take a $5 billion plus hit from the ongoing strikes. Klowden joins Yahoo Finance Live to discuss his findings. Klowden says, "the main thing we’re really factoring into it, is the lost wages. But when we talk about lost wages, we’re really not just talking about the salaries and impacts that people are feeling in Hollywood itself, but were feeling anywhere that filming is talking place across the country and in all the industries and all the small business and all the little side elements that combine to actually make what we consider Hollywood possible." Major companies like Disney (DIS), Warner Bros. Discovery (WBD), Netflix (NFLX), and Amazon (AMZN), are "all getting affected, but we don’t see it as much on their bottom line as we do on the workers and we see it on the general expenditures," Klowden says. Klowden explains that these companies are able to "put off costs right now, but "the catch is" with these delayed movie releases, "their ability to get the revenue back to be able to get their expenditures back becomes harder and harder, and they forego revenues and they forego any ability to easily snap back out of this strike the longer it goes on."...