#amazon

Overview Amazon com Inc. (NASDAQ: AMZN) announced impressive third-quarter earnings, surpassing analyst projections. Key factors included a broad product selection, improved delivery speeds, and enhanced Prime member benefits like discounted groceries and fuel savings. The company also...

Amazon (AMZN) has made a bold $500 million investment in nuclear energy, signaling a strategic push toward sustainability and reinforcing its commitment to achieving net-zero carbon emissions by 2040. This move is part of Amazon's broader Climate Pledge, aligning the tech giant with global...

Amazon announced a strategic partnership that will see Apple TV+ integrated into its Prime Video platform in the United States for a subscription fee of $9.99 per month. This initiative is designed to bolster Apple's presence in the competitive streaming landscape, where it has struggled to gain...

Amazon's (AMZN) stock took a hit on October 7, 2024, closing 3% lower after Wells Fargo analyst Ken Gawrelski downgraded the company from Overweight to Equal Weight, reducing its price target from $225 to $183. Gawrelski's note highlighted several headwinds that could weigh on Amazon’s profit...

Amazon.com Inc. (AMZN) secured a partial victory in a high-profile antitrust lawsuit brought by the U.S. Federal Trade Commission (FTC), which accused the e-commerce giant of maintaining illegal monopolies. The federal court in Seattle, under U.S. District Judge John Chun, issued a sealed ruling...

Amazon has expanded its AI-driven capabilities by introducing Rufus, a new AI-powered shopping assistant, in the UK. Initially accessible to a select group of users via the Amazon mobile app, Rufus leverages Amazon’s vast product catalog and additional web data to provide comprehensive...

Amazon is poised to transform the delivery landscape in the UK with the upcoming launch of its Prime Air drone service, slated for the end of 2024. The retail giant has secured approval from the UK's Civil Aviation Authority (CAA) to conduct advanced test flights, marking a significant milestone...

Amazon has officially opened a state-of-the-art fulfilment centre at Gateway45 in Leeds, marking a significant £500 million investment aimed at bolstering its UK operations. This new facility, Amazon’s 31st in the UK, will utilize advanced technology across three floors to streamline the...

Amazon's (AMZN) stock fell more than 11% in early trading on Friday after its third-quarter forecast missed expectations on both sales and operating income. The company projected sales between $154 billion and $158.5 billion, below the analyst forecast of $158.43 billion. Operating income is...

Microsoft now considers OpenAI a competitor in AI and search. OpenAI announced a prototype of a search engine called SearchGPT. Microsoft has invested $13 billion into OpenAI. Microsoft has included OpenAI on its competitor list alongside Amazon, Apple, Google, and Meta. The relationship...

Amazon's stock dropped by up to 6% in after-hours trading following the company's release of third-quarter sales guidance that fell short of analyst estimates. The company forecasted sales between $154 billion and $158.5 billion, below the $158.43 billion expected. Despite exceeding earnings...

Amazon Inc (NASDAQ: AMZN) shares were rising in Wednesday’s after-hours session after the National Basketball Association (NBA) announced a deal in which Prime Video will telecast NBA games over the next decade. The NBA announced a renewal of its partnership with Walt Disney Co (NYSE: DIS), as...