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Tag AMZN

AMZN

Amazon, Meta and Google buy more clean energy than any other companies

While companies across the board have been steadily increasing their acquisition of wind and solar power, the tech sector has dominated...

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AMZN

Amazon Initiates Layoff Affecting 18K Employees: Report

As announced in November, Amazon.Com, Inc (NASDAQ: AMZN) has reportedly initiated a round of record layoffs affecting over 18,000 employees as it battled slowing online sales growth and a possible recession. In early January, CEO Andy Jassy said he expects the downsizing to help the company pursue its long-term opportunities with a more robust cost structure. Amazon’s Devices and Services group, known for the Alexa digital assistant and Echo smart speakers, were the hardest hit as the downsizing...

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AMZN

VHT: 2 Megatrends In Healthcare

An aging population is expected to boost the demand for healthcare over the next few decades. Read more to see why I'm bullish VHT ETF...

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AMZN

With Warehouse Vacancy Rates Rising, Will This Be a Problem for Prologis?

As the U.S. enters 2023, fears of a recession are building after the Federal Reserve aggressively hiked the federal funds rate to get inflation under control. In a recession, consumer spending generally falls, which is bad for the retail sector. It also will hurt sectors that support retail, especially the logistics industry...

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AMZN

Read the memos Amazon execs sent to employees about job cuts

Amazon's HR boss and retail chief sent memos to staff Wednesday saying the company had begun eliminating jobs...

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AMZN

The Cloud Slowdown Is Crushing Western Digital

While hard drives have been largely supplanted in the PC market by speedier solid-state drives (SSDs), the decades-old storage technology still has its place. The cloud-computing market is one area where hard drives are still widely used. While Amazon doesn't disclose information on what hardware it uses, hard drives are almost certainly used for data that doesn't need to be accessed quickly...

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AMZN

Calling All Contrarians: These 3 Cryptos Could Take Off in 2023

As a result of sudden market implosions and spectacular crypto collapses, there was a serious erosion of investor trust in crypto as an asset class. In a year that saw both Bitcoin and Ethereum plummet by more than 65%, risky altcoins were hit even harder, with some falling by 90% or more. The big question, of course, is whether investors oversold some of those coins as part of a panicked flight to quality...

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AMZN

Amazon cited by Labor Department for exposing warehouse workers to safety hazards

Federal officials found Amazon workers at the facilities were exposed to "ergonomic hazards" such as lower back injuries...

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AMZN

Microsoft, Amazon and other tech companies have laid off more than 60,000 employees in the last year

The tech industry has seen a string of layoffs in the face of uncertain economic conditions...

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AMZN

Better Buy: Amazon Stock vs. Alibaba Stock

Amazon (NASDAQ: AMZN) and Alibaba (NYSE: BABA) are growing their influence in the world of online sales. This video will determine which stock is the better buy. *Stock prices used were the afternoon prices of Jan...

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