Tag AMZN

The EV maker's stock is surging following the release of its third-quarter report, in which it reaffirmed its 2022 production target of 25,000 vehicles...

Shares of Celsius Holdings (NASDAQ: CELH) were moving higher today after the energy drink company posted strong results in its third-quarter earnings report. Revenue continued to soar for Celsius, up 98% to $188.2 million in the third quarter, which crushed the analyst consensus at $162 million. The company also touted market share gains following its new distribution agreement with PepsiCo and said it was now the No. 3 energy drink in the country, with 4.9% share...

Tech leaders who spent years eagerly adding to their staffs are now lining up to deliver a different message: Sorry, we grew too fast. Mark Zuckerberg on Wednesday joined the ranks of tech executives offering a mea culpa, when the chief executive of Facebook parent Meta Platforms said the company would cut 11,000 workers, or 13% of its staff. Mr. Zuckerberg told employees that he had believed the sharp shift online after the onset of Covid-19 would be permanent...

It is one of the country's biggest grocers and is trying to grow further by merging with Albertsons. So is Kroger stock a buy right now?...

The tech giant has a long history of making big-but-calculated bets, but shrinking margins leave less room to experiment...

Plug Power reported just another set of abysmal quarterly numbers as the company's core material handling business remains an unmitigated disaster. Click here to read more...

Amazon's (AMZN) AWS opens its seventh region in Europe, located in Zurich, Switzerland...

CEO Andy Jassy is leading the review including the devices unit that encompasses Alexa and which has had an annual operating loss of $5 billion in some recent years, documents show...