Tag AMZN

Amazon's advertising services segment is experiencing significant growth. Click here to read why I am upgrading AMZN shares to a Buy...

Amazon, Target and Walmart have voluntarily stopped selling water beads marketed for children after government officials, lawmakers and public health professionals called for a ban on the toys...

Understand the businesses you're backing...

(Bloomberg) -- Earlier this year, Scott McIntosh was invited to peddle his combination phone/cup holder on TikTok, the social-media app that has attracted 150 million US users.Most Read from BloombergJPMorgan Is in a Fight Over Its Client’s Lost $50 Million FortuneGoldman Trader Paid $100 Million Since 2020 Is Stepping DownArgentina’s Milei Devalues Peso by 54% in First Batch of Shock MeasuresNetflix Posts Viewer Data on Every Show, Film for First TimeRaimondo Vows ‘Strongest Possible’ Action on...

The company has also decided to slash locations for a big-name sporting goods retailer while closing hundreds of mall stores...

Amazon.com asked a Delaware court to dismiss a lawsuit brought by shareholders over the company's Kuiper satellite launch contracts, arguing in a filing that the plaintiffs failed to prove that directors acted in bad faith in approving one of the e-commerce giant's biggest capital expenditures. The Cleveland Bakers and Teamsters Pension Fund, a multi-employer fund, in August sued Amazon in the Delaware Court of Chancery alleging Amazon's board awarded contracts to Jeff Bezos' space company Blue Origin without proper diligence and without considering rocket rival Elon Musk-owned SpaceX's rockets...

(Reuters) -Amazon.com asked a Delaware court to dismiss a lawsuit brought by shareholders over the company's Kuiper satellite launch contracts, arguing in a filing that the plaintiffs failed to prove that directors acted in bad faith in approving one of the e-commerce giant's biggest capital expenditures. The Cleveland Bakers and Teamsters Pension Fund, a multi-employer fund, in August sued Amazon in the Delaware Court of Chancery alleging Amazon's board awarded contracts to Jeff Bezos' space company Blue Origin without proper diligence and without considering rocket rival Elon Musk-owned SpaceX's rockets. In a redacted motion to dismiss filed with the court on Monday, Amazon argued that plaintiffs did not adequately show its directors acted in bad faith...

Johnson Controls International (JCI) shares declined in Tuesday's trading after quarterly results missed estimates and 2024 profit guidance also disappointed. The fallout from a recent cyberattack on the company is also predicted to continue to affect the company into the first quarter. JMP Securities upgraded Zillow Group (Z) to "Outperform" from "Perform," arguing that consensus estimates are too low and that housing will benefit from a decline in interest rates. The firm believes Zillow can navigate hurdles from the antitrust ruling on real estate practices. Oracle (ORCL) shares dropped after softer second-quarter cloud revenue. For some analysts and investors, the results underscore Oracle's struggles gaining share against dominant cloud providers like Amazon (AMZN) and Microsoft (MSFT). For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live...

Sean Cassidy led Amazon Prime Air’s safety, flight operations and regulatory affairs. His departure costs the firm a key relationship with the FAA. The post Amazon drone unit loses head of safety, main liaison to FAA appeared first on FreightWaves...