Amazon

United Parcel Service Inc. (NYSE:UPS) has disclosed its intentions to lay off 20,000 employees and cease operations in 73 facilities. This decision is attributed to a considerable decline in deliveries for Amazon.com Inc. (NASDAQ:AMZN), its primary client, and the ongoing...

Former NBA player Shaquille O’Neal has seen a significant increase in his wealth, quadrupling his net worth through an investment strategy inspired by Amazon’s CEO, Jeff Bezos. What Happened: In an interview, O’Neal disclosed that his investment choices are guided...

U.S. stock markets experienced a downturn today, with the Nasdaq Composite dropping over 400 points to end the day at 15,870.90. The S&P 500 also saw a decline, falling by 2.36% to 5,158.20, while the Dow Jones Industrial Average decreased by 2.48% to 38,170.41. These are the top stocks that...

During the formative years of Netflix Inc. (NASDAQ:NFLX), co-founders Marc Randolph and Reed Hastings made a bold decision to decline an acquisition proposal from Jeff Bezos, the founder of Amazon Inc. (NASDAQ:AMZN). What Happened: According to a recent interview, Hastings ...

Chinese manufacturers and distributors, hit by President Donald Trump‘s tariffs, are reportedly proposing illegal strategies to U.S. Amazon (NASDAQ:AMZN) sellers to reduce their tariff duties. What Happened: Some Chinese suppliers are suggesting that U.S. Amazon sellers understate the value...

Jeff Bezos, during his time at Amazon, reportedly had an unconventional method of interviewing prospective employees, always posing them one unusual question: “Are you a lucky person?” What Happened: As per the report, a former Amazon executive Dan Rose has disclosed that Bezos,...

In an episode of Amazon's The Grand Tour, host Jeremy Clarkson stirred debate over how self-driving cars should respond in life-or-death situations. In a conversation with co-hosts James May and Richard Hammond, Clarkson posed a stark question: If an autonomous vehicle must decide between veering...

On Tuesday, Cathie Wood-led Ark Invest made significant trades involving major companies such as Amazon.com Inc. (NASDAQ:AMZN), NVIDIA Corp. (NASDAQ:NVDA), Tempus AI Inc. (NASDAQ:TEM), and Coinbase Global Inc. (NASDAQ:COIN) These trades reflect Ark’s strategic positioning in the market amidst...

Goldman Sachs Group Inc. (NYSE:GS) is the latest investment bank to predict a recession for the U.S. economy over the next 12 months, with the odds being raised to 45%, from its previous prediction of 35%. Amidst all this chaos and uncertainty, however, there is a silver lining for the tech giants...

In a significant market downturn since President Donald Trump announced new tariffs worldwide, the world’s wealthiest individuals have seen their fortunes shrink by $74 billion. What Happened: The market turmoil following Trump’s sweeping tariffs led to a considerable loss in wealth for...

On Thursday, Sen. Elizabeth Warren (D-Mass.) called out five tech giants, alleging they could gain $75 billion in tax benefits due to their close ties with the Trump administration. What Happened: In a post on X, Warren pointed out that Tesla Inc. (NASDAQ:TSLA), Amazon.com Inc. (NASDAQ:AMZN), Meta...

E-commerce player Amazon.com Inc.’s (NASDAQ:AMZN) quarterly revenue surpassed retail giant Walmart Inc.'s (NYSE:WMT) sales in the fourth quarter for the first time since 2000. Jeff Bezos said in 2018 that every overnight success takes at least 10 years, but this particular milestone took 25...

On Monday, Cathie Wood‘s Ark Invest made a significant purchase of Amazon.com Inc. (NASDAQ:AMZN) shares. This acquisition comes as Amazon continues its robust performance in the e-commerce sector, with analysts projecting further growth. The move aligns with recent insights highlighting...

Amazon.com, Inc. has unveiled a comprehensive guide to help job seekers navigate its rigorous hiring process—an approach rooted in founder Jeff Bezos’ long-standing belief that hiring the right people is critical to a company’s success. What Happened: Since Amazon's early days, Bezos...

Amazon founder Jeff Bezos has taken over creative control of the James Bond franchise, with his streaming service now in charge of the legendary British spy series. What Happened: Bezos took to social media to ask for public opinion on who should be the next James Bond. British actor Henry Cavill ...