Tag AMZN

Amazon Prime could cost more given the services it offers to consumers...

(Bloomberg) -- Amazon.com Inc., having added hundreds of thousands of workers during the pandemic, now faces a quandary: how to trim its workforce to match slowing e-commerce sales growth without fueling labor unrest and giving unions more ammunition. Most Read from BloombergBiden Eyes Student-Loan Forgiveness Starting at $10,000Elon Musk Offloads $4 Billion of Tesla Shares, Pledges No More SalesChina Calls Russia Relationship a ‘New Model’ for the WorldUkraine Latest: Germany Says Won’t Block a...

EV maker Rivian Automotive (NASDAQ: RIVN) has been on investors' radar this week for the wrong reason. While past performance isn't necessarily indicative of future results, the drag Rivian stock has had on the first-quarter earnings reported by Ford and then Amazon may have turned off some Rivian investors. Ford was forced to report a $3.1 billion loss in its first quarter after including a mark-to-market loss of $5.4 billion from its Rivian holding...

The tech-heavy Nasdaq is on pace for its worst month since March 2020, falling over 12% as big tech earnings failed to impress...

Rivian's recent stock performance may have burned a hole in many a retail investor portfolio. It's also burned a big hole in Ford, and now Amazon's, quarterly performance...

E-commerce giant Amazon and automaker Ford both have stakes in a company that is becoming a financial headache...

* MSCI world stocks rise but set for worst month since March 2020...