Amazon’s total injury rate for warehouse workers took a dip last year, but injuries were still worse than they were in 2020, according to an analysis released Wednesday by a coalition of labor unions. The report, which was compiled by the Strategic Organizing Center and examines data Amazon has submitted to the Occupational Safety and Health Administration, said the company’s injury rate was 6.9% in 2022, compared to 7.9% the year before. The findings mirror a similar report Amazon released this year, showing the same injury rate for its warehouses, as well as a recordable injury rate of 6.7% across its U.S. operations, compared to 7.6% in 2021...
Continue ReadingMorgan Stanley say that cloud beneficiaries apart from the big three will also include SAP, Snowflake, Cisco, and MongoDB...
Continue ReadingThe tech space had a difficult time last year, with companies like Meta (META), Amazon (AMZN) and Microsoft (MSFT) grappling with economic headwinds and mass layoffs. IBM Vice Chairman Gary Cohn told Yahoo Finance Live that the sector "understood that we were going into a tougher economic situation." "We've seen the technology sector taking pretty aggressive action in rightsizing their companies; trying to figure out where the economy is going," The Former Director of the National Economic Council explains. "And the market has responded," he continues. "Technology has been a good place to be so far in 2023," Cohn says; adding "I think the biggest companies at the end of the day will be the winners in this space." You can watch Julie Hyman and Brad Smith's full interview with Gary Cohn here. Key Video Moments: 00:00:02 - Tougher economic situation 00:00:56 - Tech rightsizing 00:01:24 - Tech is a good place to be in 2023...
Continue ReadingDo you have these consumer discretionary stocks on your April 2023 watchlist?...
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Continue ReadingAmazon stock remains nearly 50% below its 2022 highs. See why we don't think we can still justify our Buy rating on AMZN stock at the current price levels...
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Continue ReadingAmazon should be valued relative to its future earnings potential. See why AMZN stock remains one of my top stock picks for 2023...
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