United Parcel Service Inc. suffered its biggest one-day share drop after shocking the market by slashing business with the world’s largest online retailer.
Amazon.com Inc. is expected to spend 60% more than previously announced on a massive data center project in Mississippi, underscoring the escalating costs for artificial intelligence infrastructure.
· 21h · on MSN
Amazon’s latest job cuts impact corporate communications and sustainability employees
Amazon Cuts Down its Corporate Communications Team in its Latest Series of Layoffs
Amazon Spheres, the company’s iconic Seattle HQ, is home to the company that, from humble origins, has revolutionized digital commerce. But inside the Sphere, the question is, how many employees feel secure in terms of their jobs?
· 1d · on MSN
Amazon Cuts Dozens of Corporate Jobs in Latest Round of Layoffs
MicroStrategy Inc.’s Michael Saylor may soon have almost as many common shares at his disposal to help fund the company’s Bitcoin buying spree as market behemoths Amazon.com Inc. and Alphabet Inc. have outstanding.
United Parcel Service Inc. shares plunged after the company projected annual revenue well below expectations, telling investors that a long-awaited rebound in demand for its parcel services won’t arrive this year and prompting it to slash its low-margin business with Amazon.
Amazon has paused testing of its delivery drones following a crash involving two of those drones, according to Bloomberg.
French-speaking Canadian province of Quebec.“Following a recent review of our Quebec operations, we’ve seen that returning to a third-party delivery model supported by local small businesses, similar to what we had until 2020,
Canada’s industry minister said Amazon.com Inc.’s decision to shut down all warehouses in Quebec and cut more than 1,900 jobs would prompt the government to examine its current deals with the e-commerce and technology company.
US big tech stocks are set to become the “Lagnificent 7” this year, Bank of America Corp.’s Michael Hartnett warned, suggesting investors should buy cheap international stocks instead of chasing pricey US shares.
US stocks gained steam on Thursday afternoon as investors digested megacap tech earnings and waited for Apple (AAPL) results for more clues on prospects for Big Tech. Right ahead of the closing bell,
Investors believe DeepSeek’s AI debut will not impact the Magnificent Seven companies, with 88% of respondents expecting minimal effects on the S&P 500. The survey highlights President Trump’s policies as a primary driver of market volatility this year,
For the quarter, Intel reported earnings per share (EPS) of $0.13 on revenue of $14.3 billion. Analysts were anticipating EPS of $0.12 on revenue of $13.8 billion. The company saw EPS of $0.54 and $15.4 billion in revenue in the same quarter last year.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback