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Amazon (AMZN) Shares Rally to Record High After Q3 Earnings Exceed Expectations
Amazon stock reached a new all-time high after surpassing earnings expectations in the latest quarter.Amazon Web Services (AWS) grew revenue by 20% and contributed...
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Amazon Commits $5B to Build Data Centers in South Korea by 2031
Amazon Web Services will invest $5 billion in new data centers in South Korea by 2031.
...
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Amazon (AMZN) to Lay Off 30,000 Workers Beginning October 28
Amazon plans to lay off up to 30,000 employees starting October 28, 2025.The job cuts aim to reduce costs and correct overhiring during the...
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Amazon to Hire 250K for Holidays Amid Layoff, $19–$23/hr Pay
Amazon plans to hire 250,000 seasonal and permanent workers across the U.S. for the holiday season.New positions include both part-time and full-time roles, with...
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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...
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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...
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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...
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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...
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Bitcoin Surging as Saylor Outpaces BlackRock; Musk Hint
Bitcoin surged nearly 30% from a low of $60,000 in early Q2 2026, approaching $80,000 as traders anticipate an...
SEC Close to Issuing Exemption for Tokenized Securities
The SEC is finalizing a new "innovation exemption" for trading tokenized securities onchain.The move builds on recent SEC guidance...
Lotus Wiper Targets Venezuela’s Energy Infrastructure
Lotus Wiper, a new data-destroying malware, has been used in targeted attacks against Venezuela's energy and utilities sector.The malware...
