Amazon.com Inc Company News
(Bloomberg) -- Amazon.com Inc. Chief Executive Officer Andy Jassy made comments to the media in 2022 that violated federal labor law, a US National Labor Relations Board judge ruled Wednesday.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College CampusesThe Ozempic Effect: How a Weight Loss Wonder Drug Gobbled Up an Entire EconomyJerome Powell Offered Ma
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.
This is what could happen next to Amazon shares.
Amazon's first-quarter results have investors feeling bullish about the stock.
Image and video hosting platform Photobucket seeks to license its vast archive of content for the training of artificial intelligence models. Photobucket CEO Ted Leonard joins Yahoo Finance to discuss the company's approach to this new venture. Drawing a parallel between AI training and how the human brain learns, Leonard compares the process to "a race to ingest content." He details the origins of Photobucket, explaining that the platform's core purpose was "public viewing, public sharing," uniquely positioning the company to step into the world of licensing data to AI companies. However, Leonard emphasizes that not all data on the Photobucket platform is open for AI training usage. The company prides itself on its commitment to privacy protection, and Leonard ensures they use a process to pick the content that can be utilized for AI training purposes. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance. This post was written by Angel Smith
CVS posts a wide miss on first-quarter earnings and cuts guidance, AMD shares fall after the chip maker issues a disappointing outlook, and Amazon’s profit is driven by strong growth in cloud computing.
Investors cheered Amazon's latest earnings report. Here's what you need to know.
(Bloomberg) -- EBay Inc. declined after giving a weak forecast for the current quarter, reinforcing investor worries that the one-time pioneer continues to lose relevance in a maturing e-commerce market crowded with competitors.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College CampusesThe Ozempic Effect: How a Weight Loss Wonder Drug Gobbled Up an En
Amazon stock got a boost late Tuesday, after the e-commerce behemoth reported Q1 earnings and sales that beat expectations.
Could the company be growing faster than anticipated?
The chair of the House Oversight Committee said on Wednesday he is investigating the Federal Trade Commission's (FTC) work with the European Commission in the collapse of Amazon.com's plan to acquire iRobot Corp in a $1.4 billion deal. Amazon and robot vacuum maker iRobot in January dropped their plans to tie-up in the face of opposition from European and U.S. antitrust regulators. "The FTC’s anticompetitive actions threaten to harm America’s global position in the personal robotics market, while ceding market share of personal robotics to foreign entities such as China," Republican Representative James Comer said in a letter to the FTC asking for documents shared by the FTC with the European Commission.
Amazon, Google, Meta, and Microsoft announced they are spending billions to build out their AI capabilities. It'll take time for it to pay off.
Old Arcived News About Amazon.com Inc
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- What to Watch in the Day Ahead - Thursday, Jan 28. [Reuters] - All times in ET/GMT) Microsoft Corp is expected to report second-quarter revenue slightly above analysts average estimate. Investor will look for the magnitude of impact from the weakness in PC market and a strong dollar. Amazon.com Inc is expected to report fourth-quarter revenue slightly above analysts estimates, according to Thomson Reuters StarMine.
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- [$$] Wal-Mart Closures Trigger Rush of Bargain-Hunting Resellers.
- [video]Jim Cramer Is Watching Amazon’s Quarterly Results on Thursday.
Amazon.com Inc Short Company Overview:
Amazon.com, Inc. is an online retailer that offers a wide range of products. The Company's products include books, music, videotapes, computers, electronics, home and garden, and numerous other products. Amazon offers personalized shopping services, Web-based credit card payment, and direct shipping to customers.
