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Amazon Plans 15% Cut in People eXperience Technology Division

Amazon plans to reduce its People eXperience Technology (PXT) team by 15%. The cuts may also impact other divisions within the company. The PXT division currently...

Amazon to Pay $2.5B in FTC Settlement, 35M Prime Users Refunded

The Federal Trade Commission (FTC) reached a $2.5 billion settlement with Amazon regarding deceptive Amazon Prime enrollment practices. The settlement includes $1 billion in penalties...

Wall Street Upgrades Amazon Stock Despite AI Concerns, Shares Dip

Amazon's stock receives upgraded ratings from Wall Street analysts despite a recent 5% decline.Wells Fargo raises its AMZN rating to Overweight, citing stronger industry...

Jim Cramer Bullish on Amazon After Morgan Stanley Vintage List Nod

Amazon was added to Morgan Stanley’s Vintage Future’s List, a group of 16 companies highlighted for strong risk-adjusted returns over the next year. Analyst Jim...

Jim Cramer Sees Amazon Stock Dip as Buying Opportunity Despite Q3 Warning

Amazon stock drops after mixed quarterly earnings and cautious profit outlook.Revenue grew 13% year-over-year and exceeded Wall Street estimates.Lower-than-expected operating income guidance for the...

Amazon Stock Forecasts Raised Ahead of July 31 Earnings Report

Amazon will report its latest earnings on July 31, shortly before the market closes.Wall Street analysts have raised stock price forecasts ahead of the...

Ring Users Alarmed by Mysterious Logins, Amazon Blames Bug

Thousands of Ring users saw suspicious logins on May 28, 2025, leading to fears of a security breach. Amazon stated the login alerts were caused...

Walmart Launches Deals Week to Challenge Amazon Prime Day Sales

Walmart launches "Walmart Deals Week," a six-day event, to compete with Amazon Prime Day.The event offers both online and in-store deals, enhancing shopper flexibility.Walmart...

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Amazon Plans 15% Cut in People eXperience Technology Division

Amazon plans to reduce its People eXperience Technology (PXT) team by 15%. The cuts may also impact other divisions within...

Bitcoin Eyes $125K ATH but Faces Sharp Correction, Experts Warn

Bitcoin could reach a new all-time high, but may face a significant correction first.Analysts note the risk of a...

OpenAI to Ease ChatGPT Guardrails, Add Age Checks After Teen Death

OpenAI plans to relax restrictions in ChatGPT, allowing adult users to access erotic content after verifying their age.Age verification...

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