Topline Workers at an Amazon warehouse in Staten Island on Monday voted against unionizing, Amazon Labor Union said, a month after the company’s labor movement won its first major victory when workers...
Tag: Amazon
Amazon Deepens Gloom for Battered E-Commerce Stocks
(Bloomberg) — The historic rout in Amazon.com Inc.’s shares last week highlights how difficult the environment has become for e-commerce stocks after their pandemic-driven boom, with investors s...
Why Amazon Is Winning The Consumer Battle Over Walmart
Amazon is the most famous on-line shopping company in the world. getty It had to happen. Consumer spending at Amazon AMZN now exceeds that at Walmart WMT . In my conversation with Scott Murray, SVP of...
Billionaire Jeff Bezos lost $20.5 billion in 24 hours
Jeff Bezos is $20.5 billion more poor. The second richest man in the world lost this huge sum in 24 hours. To be more precise, this big loss happened during the April 29 stock market session. Do not...
Fragrances Lead On Victoria’s Secret’s New Amazon Storefront
Madison Beer and Meredith Mickelson at the Victoria’s Secret Tease Crème Cloud fragrance launch last … [+] year. (Photo by Stefanie Keenan/Getty Images for Victoria’s Secret) Getty Images ...
The Best New Movies To Stream On Amazon Prime This Weekend
HOLLYWOOD, CA – FEBRUARY 24: Actor Will Smith arrives at the Los Angeles World Premiere of Warner … [+] Bros. Pictures ‘Focus’ at TCL Chinese Theatre on February 24, 2015 in Ho...
Amazon and Ford Have a Big Problem They Can’t Control
Amazon (AMZN) – Get Amazon.com, Inc. Report and Ford (F) – Get Ford Motor Company Report operate in two different sectors. The first is in online commerce, streaming, sport and, above a...
Biden Reportedly Mulls Inviting Amazon, Starbucks Union Leaders To White House
Topline President Joe Biden is considering holding a meeting at the White House with union workers from Amazon and Starbucks, according to the Washington Post, in what would be a major signal of suppo...
Why Home Parcel Deliveries Aren’t The Access Boon They Should Be For The Disabled
A woman signs for a delivery at home. getty It’s highly likely that virtually every individual with a walking impairment who routinely orders goods online is familiar with the searing frustration that...
Black Friday for The FAANG Who May Lose a Member
It’s a first quarter that will leave a lot of scars. While concerns were already surrounding tech as the Federal Reserve hiked interest rates to curb inflation, there was still hope that tech t...
The Apple Watch Is A Promising Venture In Healthcare Technology
Without a doubt, Apple has become a household staple worldwide. Notably, Apple Watch has captured the lion’s share of the smart watch market: per research reports, the Apple Watch accounted for nearly...
Dow Jones Dives; Tesla Stock Falls As Elon Musk Reveals This; Amazon Plunges Despite Bullish Calls
The Dow Jones Industrial sank as the stock market plunged. Tesla (TSLA) fell late after CEO Elon Musk made a declaration regarding his Twitter (TWTR) takeover. Amazon (AMZN) cratered on earnings despi...
Amazon stock plunges 14% in biggest one-day drop since 2006
Even mega-cap tech giant Amazon couldn’t bear up against the macroeconomic headwinds that imperiled Corporate America last quarter. Shares of Amazon (AMZN) plunged 14% on Friday, marking the retail be...
Amazon, Ford hit by massive losses on Rivian investments
Rivian’s (RIVN) recent stock performance may have burned a hole in many a retail investor’s portfolio. It’s also burned a big hole in Ford (F), and now Amazon’s, quarterly perf...
Amazon Stock Erases $210 Billion In One Day After Inflation Triggers Surprise Loss And ‘Ugly’ Selloff
Topline Shares of Amazon collapsed Friday after the e-commerce monolith reported worse-than-expected earnings spurred by high inflation and lingering supply chain constraints, pushing the stock down m...
AMZN Stock Tanks 9%, Amazon Reports $3.8B Loss in Q1 2022, Cloud Business Up by 36.5%
Although Amazon showed a net operating loss during the first quarter, its cloud business showed strong growth providing some cushion to the company’s overall declining revenue. On Thursday, April 28, ...
Amazon, Verisign, Honeywell and more
A contractor working for Amazon.com cleans a delivery truck in Richmond, California, U.S., on Tuesday, Oct. 13, 2020. David Paul Morris | Bloomberg | Getty Images Check out the companies making headli...
Amazon Stock Erases $184 Billion In Value After Inflation Triggers Unexpected Loss And ‘Ugly’ Selloff
Topline Shares of Amazon collapsed Friday after the ecommerce monolith reported worse-than-expected earnings spurred by high inflation and lingering supply chain constraints, pushing the stock down mo...
Robinhood, Amazon, Apple, Roku and more
Vlad Tenev, CEO and co-founder Robinhood Markets, Inc., is displayed on a screen during his company’s IPO at the Nasdaq Market site in Times Square in New York City, U.S., July 29, 2021. Brendan McDer...
Victoria’s Secret takes beauty business to Amazon in wholesale test
Beginning Friday, shoppers will find an assortment of roughly 120 Victoria’s Secret beauty items, including lotions and fragrances, on Amazon. Source: Victoria’s Secret Victoria’s Se...
Amazon looks to cut costs after first loss in seven years sends stock careening lower
Amazon.com Inc. reported a loss of nearly $4 billion in the first quarter of 2022 as inflationary pressures added costs, and executives expect to make changes to cut some expenses. Amazon AMZN, +4.65%...
Stock futures sink as Amazon, Apple shares decline after quarterly reports
U.S. stock futures opened sharply lower Thursday evening to give back gains after a regular-session rally, with a fresh set of mixed quarterly results from some major technology companies weighing on ...
Amazon Loses $3.8 Billion In Profits But Andy Jassy Is Not Concerned
Amazon AWS is up 37% and continues to grow as Boeing selects the service as its strategic cloud … [+] provider (Photo by Jeff Halstead/Icon Sportswire via Getty Images) Icon Sportswire via Getty...
Amazon Stock Plunges On Surprise Q1 Loss, Weak Near-Term Outlook
Updated at 5:42 pm EST Amazon Inc (AMZN) – Get Amazon.com, Inc. Report posted a surprise first quarter loss Thursday, thanks in part to a $7.6 billion write down on its investment in EV maker R...
Amazon shares plunge 10% after company issues disappointing revenue forecast
Shares of Amazon (AMZ) dropped after the company revealed a revenue forecast that missed analyst estimates as consumers curb online spending in the face of economic uncertainty and a return to in-pers...
Amazon sinks 13% on Q1 results: ‘market is very disappointed’
Amazon.com Inc (NASDAQ: AMZN) stock sunk 10% in extended trading on Thursday after the tech giant reported weak results for its fiscal Q1 and gave disappointing guidance for the future. Notable figure...
Amazon stock will likely do well moving forward
Amazon.com Inc (NASDAQ: AMZN) is reporting its financial results for the first quarter today, after the bell. Ahead of earnings, the stock is up roughly 5.0%. Why David Wagner likes Amazon stock While...
Opinion: Big Tech is no longer winning as big, but these two stocks still seem safe
The Big Tech earnings boom is officially over, but some of the world’s most powerful and valuable companies are breaking off from the pack. As this column told you months ago, profit increases are no ...