Tag AMZN

Nvidia isn't the only AI game in town...

Amazon's Q1 earnings beat expectations, growth opportunities ahead. Despite risks, Amazon's financial trends are positive. See why AMZN stock is a buy...

We added MercadoLibre, Latin America’s largest online retailer, to the portfolio during the quarter. Click here for our investment thesis on MELI stock...

It is the latest global technology company to expand its footprint in Asia to meet the region’s growing cloud-services demand...

SEATTLE, June 12, 2024--Amazon Web Services (AWS), an Amazon.com company (NASDAQ: AMZN), today announced it will launch an AWS infrastructure Region in Taiwan by early 2025. The new AWS Asia Pacific (Taipei) Region will give developers, startups, entrepreneurs, and enterprises, as well as education, entertainment, financial services, and nonprofit organizations, greater choice for running their applications and serving end users from data centers located in Taiwan, ensuring that customers who wa...

About 15,800 drivers have submitted arbitration claims with the American Arbitration Association, seeking compensation from Amazon for unpaid wages, overtime and work-related expenses such as mileage and cellphone use, the lawyer said. Amazon does not provide Flex drivers with 10-minute rest breaks when their shift lasts longer than 3.5 hours, one of the drivers said in its arbitration claims. A claim said that Amazon does not provide 30-minute meal breaks for drivers who work more than five hours a day, whereas another claim alleged that Amazon fails to provide itemized wage statements required by California law...

More than 15,000 Amazon contract drivers filed arbitration claims against the e-commerce giant on Tuesday, alleging Amazon classified them as independent contractors instead of employees with minimum wage and overtime rights...

Chinese e-commerce newcomer Temu, a division of PDD Holdings Inc (NASDAQ:PDD), has swiftly outpaced veteran eBay Inc. (NASDAQ:EBAY) in terms of attracting repeat U.S. customers, despite eBay’s nearly three decades of operation. A recent survey conducted by Omnisend revealed that 34% of consumers shop on Temu monthly, surpassing eBay’s 29%, reported Bloomberg. This surge in customer engagement for Temu comes as the company invests heavily in marketing and promotional discounts. Notably, Temu’s ad...