Tag: $Amazon

Nike (NKE.N), is planning to raise prices of some products from next week and will sell items on Amazon (AMZN.O), after six years, the company said on Wednesday.

Amazon reported better-than-expected results for the first quarter, but it gave soft guidance for the current period as the company navigates uncertainty around President Donald Trump’s sweeping tariffs.

United Parcel Service’s (UPS.N), first-quarter profit beat market estimates and the parcel delivery giant said it will cut 20,000 jobs to lower costs in an uncertain economy and in anticipation of weak volumes from its largest customer, Amazon (AMZN.O).

The Trump administration intends to press India to give online retailers such as Amazon and Walmart full access to its $125bn ecommerce market, as part of a trade deal being negotiated under the threat of increased tariffs.

Amazon CEO Andy Jassy on Thursday released his annual shareholder letter where he predicted that rapid advancements around artificial intelligence, along with a more competitive chip market, will eventually bring down costs around the technology.

Amazon.com wants to buy video-sharing platform TikTok as the deadline for the app to be sold quickly approaches, a person familiar with the matter confirmed with Barron’s.

Amazon.com’s self-driving unit, Zoox, has recalled 258 vehicles due to issues with its automated driving system (ADS) that could cause unexpected hard braking, the company said on Wednesday.

Amazon, Google and Meta have joined a call by big, energy-intensive companies for governments and utilities to build more nuclear power in the latest boost to the industry’s revival.

Amazon Web Services on Thursday showed a quantum computing chip with new technology that it hopes will shave as much as five years off its effort to build a commercially useful quantum computer.

Amazon’s MGM Studios will take creative control of the “James Bond” film franchise under a new joint venture with longtime rights holders Michael Wilson and Barbara Broccoli, the technology giant (AMZN.O), opens new tab said on Thursday.

Amazon workers at a warehouse near Raleigh, North Carolina, overwhelmingly rejected the chance to form a union in another setback for the labor movement’s efforts to organize against the online retailing giant.

Με χρονικό ορίζοντα το 2028 ο Όμιλος Σαράντη προχωρά στην υλοποίηση του πενταετούς σχεδίου ανάπτυξής του, σχεδιάζοντας νέες εξαγορές και επενδύσεις, πραγματοποιώντας παράλληλα δυναμική επέκταση στη διεθνή αγορά, με έμφαση τις ΗΠΑ, μέσω των συνεργασιών του με την Αmazon και το αμερικανικό δίκτυο φυσικών καταστημάτων Target

US e-commerce giant Amazon has reported a net sales increase of 11% to $638.0bn during the full year 2024 (FY24) against $574.8bn in 2023.

Amazon has said it will pump about $100bn into its artificial intelligence initiatives this year as the ecommerce group shrugs off worries about China’s DeepSeek and invests heavily in data infrastructure.

The U.S. Postal Service said on Wednesday it would accept parcels from China and Hong Kong, in a U-turn after a suspension following President Donald Trump ending a trade provision used by retailers including Temu, Shein, and Amazon to ship low-value packages duty-free to the U.S.

United Parcel Service is going to do a lot less business with its biggest customer, Amazon. UPS on Thursday projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the business it does with Amazon over the next 18 months.

Online retailer Amazon said Wednesday that it’s closing all seven of its warehouses in the Canadian province of Quebec in the next two months.

Amazon is gearing up to relaunch its Alexa voice-powered digital assistant as an artificial intelligence “agent” that can complete practical tasks, as the tech group races to resolve the challenges that have dogged the system’s AI overhaul.

Amazon said it is halting some of its diversity and inclusion initiatives, joining a growing list of major corporations that have made similar moves in the face of increasing public and legal scrutiny.

Thousands of Amazon workers have ended their days-long strike against the company, according to the Teamsters union. But tensions persist, with the union saying its efforts aren’t over.