Tag AMZN

As a potential recession looms, investors should be prepared for the cloud boom to return to earth, and there is potential for a larger pullback in cloud spending that could have a domino effect on already bludgeoned tech stocks...

When Amazon, Berkshire Hathaway and JPMorgan announced in 2018 a joint venture aimed at cutting the cost of employee healthcare, the news wiped off tens of billions of dollars from the market values of leading healthcare companies on the day. Amazon on Thursday said it would buy primary care provider One Medical for $3.9bn, including debt. The all-cash deal would add a high-end chain of bricks and mortar doctors’ offices to the retail giant’s portfolio of healthcare services...

Rivian Automotive, Inc (NASDAQ: RIVN) electric delivery vans co-developed with Amazon.com Inc (NASDAQ: AMZN) have started delivering packages for the latter. This rollout marks the beginning of thousands of Amazon’s custom electric delivery vehicles in over 100 cities by the end of 2022 and 100,000 across the US by 2030. The vehicles are the product of Amazon’s partnership with Rivian, forged in 2019 when Amazon co-founded and became the first signatory of a commitment to reach net-zero carbon a...

The deal gives Amazon a new foothold with companies paying for employee care and physical locations...

Shares of Rivian Automotive (NASDAQ: RIVN) were rising today after Amazon, which owns about an 18% stake in the electric vehicle (EV) maker, said that it has begun using Rivian vans for some package deliveries. Rivian investors latched onto Amazon's comments today and sent the EV stock up by as much as 6% this morning. Amazon said in a press release today that it has started to roll out EV delivery vans made by Rivian in more than a dozen cities and that they'll be in 100 cities by the end of this year...

Amazon.com Inc on Thursday agreed to buy primary care provider One Medical for $3.49 billion, expanding the e-commerce giant's virtual care presence and adding some brick-and-mortar doctors' offices to its healthcare arsenal...

Amazon.com said it was buying medical-care company One Medical, pushing it deeper into the healthcare game. One Medical adds to Amazon (ticker: AMZN) portfolio of healthcare services. The online retailer introduced Amazon Care in late 2019, which offered access to urgent- and primary-care services and targeted the employer market...

Amazon is reportedly acquiring the innovative healthcare provider for $3.9 billion (including debt) in an all-cash deal...

Amazon.com Inc. is pushing deeper into health care, announcing that it will buy primary-care company One Medical for in a deal valued at $3.9 billion, including debt. The online retail giant said it will pay $18 a share for San Francisco-based 1Life Healtchcare Inc., the parent company of One Medical. One Medical operates 182 medical offices in 25 markets in the United States, with 36 of those in its home market of the Bay Area...