Tag AMZN

Amazon stock got a boost late Tuesday, after the e-commerce behemoth reported Q1 earnings and sales that beat expectations...

Could the company be growing faster than anticipated?...

The chair of the House Oversight Committee said on Wednesday he is investigating the Federal Trade Commission's (FTC) work with the European Commission in the collapse of Amazon.com's plan to acquire iRobot Corp in a $1.4 billion deal. Amazon and robot vacuum maker iRobot in January dropped their plans to tie-up in the face of opposition from European and U.S. antitrust regulators. "The FTC’s anticompetitive actions threaten to harm America’s global position in the personal robotics market, while ceding market share of personal robotics to foreign entities such as China," Republican Representative James Comer said in a letter to the FTC asking for documents shared by the FTC with the European Commission...

Having a lot of subscription services isn't always a problem. Find out why I'm not going to cancel any of mine, even though I have seven of them...

SEATTLE, May 01, 2024--Amazon Business (NASDAQ: AMZN), the company’s business-to-business procurement store, today kicked off its third annual Small Business Month to help support the growth of small businesses in the U.S. This year, Small Business Month includes an exciting and interactive new online resource center called Small Business Success Studio [https://business.amazon.com/studio]. The studio provides small businesses with free online educational tools and resources to start, run, and g...

"Our same-day facilities are our least expensive facilities in the network," CEO Andy Jassy said in the first-quarter earnings call...

Amazon (AMZN) shares rose after the tech giant delivered strong first quarter earnings largely driven by Prime Video ad revenue and its cloud computing business, Amazon Web Services (AWS). However, the tech giant's retail and e-commerce segments lagged behind, as the company's second quarter outlook fell short of Wall Street expectations. Bernstein Internet Equity Research Analyst Mark Shmulik breaks down Amazon's earnings and how the company's generative AI investments are driving significant growth despite weak retail guidance. "When the dust settles on earnings, Amazon's gonna emerge as the cleaner name amongst the 'Mag Seven,'" he tells Brad Smith, adding that its investments in AWS and artificial intelligence speak to "the leverage in the business." For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Melanie Riehl...

Amazon's (AMZN) first-quarter results benefit from strength in the AWS, Prime and advertising businesses. Strengthening relationships with third-party sellers act as other tailwinds...

Amazon (AMZN) posted its first quarter report on Tuesday, revealing an AI-driven boost in the company's cloud computing growth. Multiple companies — including Alphabet (GOOG, GOOGL), Meta (META), and Microsoft (MSFT) — have all announced an increase in AI spending in a bid for dominance in tech. Yahoo Finance Tech Editor Dan Howley joins Catalysts to break down Amazon's part in the AI-fueled competition. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Nicholas Jacobino...

Amazon.com Set for Upside From Retail Margins, AWS Acceleration, BofA Securities Says...