Amazon confirms more layoffs, impacting its Buy with Prime unit

As Amazon initiates job cuts across its entire business, including its streaming division, the e-commerce giant is now laying off employees within its Buy with Prime segment.

Amazon's iRobot deal faces EU antitrust veto, sources say

Amazon's $1.4 billion acquisition of robot vacuum maker iRobot will be blocked by EU antitrust regulators, three people familiar with the matter said on Friday, as enforcers beef up scrutiny of Big...

Amazon expected to top estimates for 4Q on strong holiday sales

Amazon.com Inc (NASDAQ:AMZN, ETR:AMZ)'s strong performance over the holiday period has prompted analysts at Wedbush to modestly raise their fourth quarter projections ahead of the eCommerce giant's...

5 Large Retailers to Buy on Solid Sales in December

We have narrowed our search to five retailers with good potential for 2024. These are: AMZN, DECK, DKS, ROST, TJX.

Gen Z Goldmine: 7 Stocks Tapping into the Next Generation's Spending Power

Gen Z consists of individuals born between 1997 and 2012. Many articles have depicted this group's potential to pursue new trends and lifestyles, similar to how many articles have emerged about Gen...

Roomba maker iRobot's shares plunge on report Amazon deal faces EU block

IRobot shares slumped 36% in premarket trading on Friday after a report the European Union antitrust regulator was planning to block Amazon.com's $1.4 billion buyout of the Roomba vacuum maker.

EU moves to block Amazon's iRobot acquisition

Europe's antitrust watchdog is set to block Amazon's US$1.7 billion bid to acquire iRobot Corporation (NASDAQ:IRBT), the maker of Roomba robotic vacuums, according to sources familiar with the matt...

3 Top-Rated Growth Stocks Wall Street Analysts Are Loving Now: January 2024

Some investors want to beat the market instead of accumulating shares of an index fund. These investors often prioritize top-rated growth stocks that show compelling financials and tremendous poten...

92 Billion Reasons Amazon Can Become the Largest Publicly Traded Company by 2027

Wall Street's leaderboard is constantly changing. Many of the largest publicly traded companies by market cap are facing sizable headwinds.

Amazon's AWS Plans $15 Billion Cloud Investment in Japan

Amazon Web Services says it will invest 2.3 trillion yen ($15 billion) in the country by 2027 to meet growing demand.

iRobot Stock Plunges as Its Takeover by Amazon Likely Is Dead

Amazon's $1.4 billion deal for Roomba-maker iRobot looks set to be blocked by European Union antitrust authorities. It's only a small setback for the e-commerce giant but it's a reminder that regul...

Walmart and Amazon Get Back to Basics to Elevate Signature Shopping Experiences

In a world where Amazon and Walmart are always finding ways to go neck in neck, both retail giants are focusing on enhancing their established strengths this week.

Bally Sports Coming To Amazon Prime Video In Proposed Deal: What To Know

Bally Sports, which broadcasts games from 37 professional and college sports teams across the U.S., is set to stream games directly on Amazon Prime Video—thanks to a proposed debt restructuring agr...

Amazon earnings are going to beat expectations, says AllianceBernstein's Jim Tierney

Jim Tierney, AllianceBernstein CIO concentrated U.S. growth, joins 'Closing Bell' to discuss consumer trends and his picks in the consumer retail space.

Amazon doubles down on live sports in US rights deal

Amazon is investing in US local TV network Diamond Sports Group, a major sports rights holder as the streaming giants push further into offering live sport.


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