amazon

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...

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...

Latest news

Amazon stock surges 15% on Q2 earnings, AWS revenue up 37%

Amazon's Q2 earnings beat Wall Street forecasts, driven by AWS revenue of $42.2 billion (up 36.7% year over year)CEO...

Google removes Earth AI feature after fake satellite image backlash

Google removed an AI image-generation feature from Google Earth on July 31, just one day after its July 30...

Moonshot AI Uses 20,000 Nvidia Chips Leased from Alibaba

Beijing-based AI startup Moonshot is using a cluster of around 20,000 NVIDIA chips leased from backer Alibaba to train...