
Walmart and Amazon Expand Private-Label Plays to Compete in Grocery
As Amazon looks to close the gap with Walmart in grocery, both retail giants are seeing the opportunity to win over shoppers with their private-label brands. Walmart announced Tuesday (April 30) th...

Amazon Web Services CEO Adam Selipsky on the battle for the hyperscale data center market
Adam Selipsky, AWS CEO, joins 'Closing Bell Overtime' to talk Amazon's quarterly results, the integration of generative AI.

1 Wall Street Analyst Thinks Amazon Stock Is Going to $220. Is It a Buy?
Following Amazon's first-quarter earnings report, Morgan Stanley bumped its price target slightly to $220. Amazon continues to show stable revenue growth while driving improving cost efficiencies i...

Democratic senator aims at Amazon's labor practices with first federal bill regulating quotas
The bill seeks to regulate productivity quotas used by warehouse employers including Amazon.

Amazon CEO broke US law with anti-union comments, judge rules
Andy Jassy said employees in a union would ‘find it harder to get things done quickly and would be better off' without one

Amazon Could Be A Dominant Leader In AI Infrastructure Alongside Nvidia
Amazon's AI focus involves chips (Trainium & Inferentia), services (Bedrock), and providing third-party app development, securing a full-stack approach. In line with its historical strategy, Amazon...

Amazon CEO Andy Jassy's comments about unions violated federal law, NLRB judge rules
A federal administrative-law judge ruled that Amazon CEO Andy Jassy violated labor law by making certain anti-union comments during media interviews two years ago.

Amazon's AI Ambitions Help Fuel Q1 Earning Surge
Amazon reported strong financial results for the first quarter of 2024, as the company doubles down on its artificial intelligence (AI) initiatives and sees a resurgence in its cloud computing divi...

Jeff Bezos Overtakes Elon Musk As Second Wealthiest Person In The World
Amazon founder and chairman Jeff Bezos, who has an estimated net worth of $199.6 billion, is once again the second-wealthiest person in the world as of Thursday, overtaking Tesla CEO Elon Musk, who...

Bet on Amazon Stock's AI-Driven Ad Juggernaut for Outsized Gains
Amazon.com (NASDAQ: AMZN ) gave a rainbow to a down day on April 30 when it announced its first quarter results after the market closed. Amazon stock benefited from a net income of $10.31 billion, ...

Time to Buy Amazon (AMZN) Stock After AWS Fuels Strong Q1 Results
Amazon (AMZN) was the latest tech giant to impressively top Q1 expectations reporting after-market hours on Tuesday and seeing its stock spike +2% in today's trading session.

Amazon CEO Andy Jassy broke federal labor law with anti-union remarks
A National Labor Relations Board judge, citing 2022 interviews with CNBC, Bloomberg and the New York Times, found Amazon CEO Andy Jassy broke labor law.

Amazon, Microsoft, and Alphabet are doubling down on AI for the cloud — and it seems to be paying off
Amazon, Microsoft, and Alphabet's first quarter earnings surpassed Wall Street's estimates. Execs credit some of the gains to their AI efforts, which they say help boost cloud revenue.

Utah house cat stows away in Amazon box and weathers shipment to California
Galena, a 6-year-old house cat from Utah, likes hiding in and playing with cardboard. Earlier this month, that fact made for a stressful trip in an Amazon package, a feverish search, a California r...

Estée Lauder Targets New Customers With Amazon Storefront, ‘Creator Council'
Estée Lauder Companies' debut of its first brand on the U.S. Amazon Premium Beauty store has “greatly exceeded” the company's retail sales expectations so far.
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