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Amazon shares surged 6% on Friday following the company’s release of strong quarterly earnings, exceeding market expectations. Boosted by impressive growth in its cloud computing and advertising segments, Amazon’s stock hit a high of...
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Amazon is doubling down on its revolutionary cashierless technology, “Just Walk Out,” after pulling it from most of its U.S. stores. The company is now focusing on selling the tech to third-party retailers, marking...
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Even Amazon isn’t immune to the worsening economy. As the global economy remains in the grips of inflation and potential recession, even the largest, most powerful companies have been forced to cut back and...
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Amazon is looking to start the holiday shopping season even earlier this year. Typically, online retail giant Amazon holds its annual Prime Day sale in the summer, as it did this year. During this...
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After years of exclusivity, Peloton is finally allowing third-party sales. Since it first launched as a company, exercise device manufacturer Peloton has maintained a strict direct-to-consumer policy. For a long time, the only way...
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A grassroots campaign has led to the company’s first labor union. For the first time in Amazon’s history of operation in the United States, workers at one of its warehouses have officially voted to...