Finance News – U.S.
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Amazon shareholders reject proposal to split CEO and chair roles
The decision to maintain combined CEO and chair positions may influence investor confidence and affect corporate governance dynamics, potentially impacting Amazon’s strategic direc...
Read Full Article →Founders of Amazon's PillPack launch health-care marketplace startup General Medicine
The new platform developed by the PillPack founders offers a digital space for users to access medical services or receive guidance on appropriate care, potentially transforming he...
Read Full Article →Nike is coming back to Amazon — and raising prices
Nike’s return to Amazon after a six-year absence is expected to influence revenue streams, as the brand introduces higher-priced products on the leading e-commerce platform.
Read Full Article →Amazon CEO Andy Jassy says tariffs haven't dented consumer spending
According to Amazon’s CEO, despite the implementation of extensive tariffs, the company has not observed a decline in customer purchasing behavior or a reduction in overall spendin...
Read Full Article →DOJ nabs Armenian crime org on charges including $83 million in Amazon cargo thefts
Authorities have apprehended multiple individuals linked to Armenian-American criminal networks involved in extensive illegal activities, including a major scheme resulting in thef...
Read Full Article →Armenian organized crime rings charged with stealing $83 million in Amazon cargo
A criminal network in Armenia reportedly impersonated delivery personnel to intercept valuable shipments intended for fulfillment centers, resulting in substantial financial losses...
Read Full Article →Stord, the e-commerce startup looking to take on Amazon, acquires UPS subsidiary
By acquiring a UPS subsidiary, Stord aims to enhance its logistics capabilities and potentially increase its market share in the competitive e-commerce industry, which may impact i...
Read Full Article →Here are things driving the 5-day winning streak in Amazon stock
Amazon's recent positive developments have contributed to sustained gains in its stock price over the past several days, reflecting investor optimism about the company's financial...
Read Full Article →U.S.-China breakthrough send tech and chip stocks soaring
The recent agreement between the U.S. and China led to a notable increase in the market value of technology companies and semiconductor manufacturers, reflecting investor optimism...
Read Full Article →A Google stock panic, Microsoft vs. Amazon, and Jamie Dimon on tariffs: Markets news roundup
Google’s shares experienced a notable decline following revelations that Safari’s search usage decreased for the first time in more than twenty years, impacting investor confidence...
Read Full Article →First Chinese freight ship goods hit with Trump's 145%-plus tariffs arriving at U.S. ports
The arrival of Chinese-made products subjected to steep tariffs marks a notable development impacting import costs for major U.S. retailers across various industries.
Read Full Article →Tech's strong ad sales are showing signs of cracking from Trump's trade war
Major technology companies demonstrated robust digital advertising revenue despite economic uncertainties linked to recent international trade policy changes.
Read Full Article →CEO at 33, Tubi's Anjali Sud on success hacks she learned at Amazon, IAC on way to top of Fox stream...
Anjali Sud's leadership at Tubi highlights strategic growth in the streaming market, potentially increasing the platform’s revenue and competitive position within the broader digit...
Read Full Article →Legendary investor Bill Miller on why the worst is over for stocks, Amazon’s a buy and Tesla isn’t
Bill Miller believes that the stock market has stabilized, indicating improved investment opportunities, and he has identified specific companies he considers favorable while advis...
Read Full Article →Amazon's robotaxi company Zoox recalls driverless software after crash
The software recall issued by Amazon’s autonomous vehicle subsidiary Zoox may lead to increased operational costs and affect investor confidence in the company’s self-driving techn...
Read Full Article →Amazon's Zoox robotaxi unit issues software recall after recent Las Vegas crash
The software recall by Amazon's autonomous vehicle division following the Las Vegas incident could lead to increased operational costs and impact investor confidence in the company...
Read Full Article →Microsoft is stealing Amazon's thunder in the cloud — and AI
Microsoft's advancements in cloud computing and artificial intelligence have influenced investor confidence, impacting market valuations among leading technology companies and resh...
Read Full Article →Disney, Palantir, AMD and more stocks to watch this week
Investors are closely monitoring shares like Disney, Palantir, and AMD this week as major tech companies’ recent earnings and economic factors continue to influence market trends a...
Read Full Article →Andy Jassy says he's trying to restore Amazon's culture by getting rid of these 2 things
By eliminating specific elements hindering innovation, Amazon’s CEO aims to enhance operational efficiency and adaptability, potentially strengthening the company’s competitive pos...
Read Full Article →Jeff Bezos is planning to sell billions worth of Amazon stock
Jeff Bezos intends to liquidate a substantial portion of his holdings in Amazon within the upcoming year, potentially impacting both his personal wealth and the company’s stock mar...
Read Full Article →Jeff Bezos discloses plan to sell up to $4.8 billion in Amazon stock
Jeff Bezos announced intentions to sell up to $4.8 billion in Amazon shares, coinciding with the company's recent earnings report that highlighted potential challenges related to t...
Read Full Article →Reddit is one of tech's most surprising winners
Reddit's first-quarter results demonstrate notable financial growth and increased user engagement, highlighting its emerging role as a competitive player in the rapidly evolving di...
Read Full Article →Amazon beats on earnings as ad sales surge. But Microsoft's cloud growth may steal the show
Amazon exceeded profit forecasts driven by increased advertising revenue, although Microsoft’s expanding cloud services growth could attract greater investor attention moving forwa...
Read Full Article →Amazon falls short on cloud revenue for third straight quarter
Amazon's ongoing investment in infrastructure to support artificial intelligence models may be crucial for future growth, despite the company's failure to meet cloud revenue expect...
Read Full Article →Amazon CEO Jassy says he's 'optimistic' company could emerge from tariff uncertainty stronger
Amazon CEO Andy Jassy expressed optimism that the company could potentially strengthen its position in the market despite the current uncertainties surrounding tariffs affecting it...
Read Full Article →Amazon’s ad business grew 19% in first quarter, topping estimates
In the first quarter, Amazon's online advertising revenue rose by 19%, surpassing projections and highlighting its growing significance within the digital advertising sector.
Read Full Article →Amazon reports first-quarter earnings after the bell
Amazon’s upcoming first-quarter earnings report comes amid significant economic changes, as the company's financial performance may be affected by recent tariffs announced by the a...
Read Full Article →Amazon CEO Andy Jassy explains 6 things big companies should do to feel more like startups
Amazon's CEO emphasizes the importance of adopting startup-like principles, suggesting that such strategies could enhance innovation and agility, potentially leading to improved fi...
Read Full Article →Amazon, Ford, Temu, and 7 other companies raising prices because of tariffs
Several major companies are increasing their product costs as a result of recent trade policies, impacting consumer spending and potentially influencing the broader economic landsc...
Read Full Article →Trump-Bezos call sets stage for tense earnings report from Amazon
The upcoming earnings report from Amazon comes amid heightened scrutiny and potential impacts from political statements regarding tariff costs that could affect the company's finan...
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