Tag AMZN

Rivian and Amazon are in talks to end the exclusivity part of the all-electric van deal the two companies signed in 2019. RIVN stock fell...

Shares of Amazon.com (NASDAQ: AMZN) rose on Monday after the U.S. government took drastic action to avert a banking crisis. Investors seemed to take confidence that, in particular, many tech companies that buy services from Amazon Web Services will continue to be able to do so now that the government has agreed to make sure no depositors in Silicon Valley Bank lose money. As of 1:23 p.m. ET, Amazon's stock price was up roughly 2%...

Amazon.Com, Inc (NASDAQ: AMZN) and Rivian Automotive, Inc (NASDAQ: RIVN) are in discussions to eliminate the exclusivity part of their electric-van deal. Rivian could start selling to others after Amazon's order for 2023, the Wall Street Journal reports. Rivian needs to sell all of the vans it makes to Amazon under a 2019 deal. Recently, Amazon ordered about 10,000 vans this year, at the low end of the range it previously provided the automaker. In response, Rivian sought to terminate the exclus...

Rivian Automotive's stock fell by over 3% Monday after news that the EV maker and Amazon are discussing the exclusivity part of their deal for electric vans...

The online retailer has notified the EV maker that it wants to buy about 10,000 vans this year, which is at the low end of a range it previously provided...

Every company should have a strategy to help it grow outside its home market, both geographically and across product lines...

Electric-vehicle maker Rivian Automotive Inc and its largest shareholder Amazon.com Inc are in talks to end the exclusivity part of their electric van deal, the Wall Street Journal reported on Monday citing people familiar with the matter...

Zacks.com users have recently been watching Amazon (AMZN) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects...

Electric-vehicle maker Rivian Automotive Inc and its largest shareholder Amazon.com Inc are in talks to end the exclusivity part of their electric van deal, the Wall Street Journal reported on Monday citing people familiar with the matter. Online retailer Amazon had placed an order for 100,000 electric delivery vans (EDVs) from the Irvine, California-based EV maker in 2019, as part of the company's plans to cut carbon emissions. Amazon informed the EV maker it wanted to buy about 10,000 vans this year, which was at the low end of a range it previously provided Rivian, the report added...

Amazon.com Inc. (AMZN) and Rivian Automotive Inc. (RIVN) are in talks on ending their exclusivity agreement, the Wall Street Journal reported Monday, citing people familiar with the matter. Under the terms of a deal agreed in 2019, Rivian was required to sell all of the electric vans it makes to Amazon. An Amazon spokeswoman told the Journal the company still plans to buy 100,000 vans from Rivian by 2030, while a Rivian spokeswoman said the relationship between the two “has always been a positive one.”...